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_________::::___#381 - March 22, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#381 Updated: 3/22/07 10:55 a.m.

Morgan Stanley Wins on Perelman's $1.6 Billion Award
Morgan Stanley won a Florida appeals court decision that overturned a $1.57
billion verdict, a defeat for billionaire Ronald Perelman, who claimed the bank
defrauded him in the sale of Coleman Co. in 1998.

Man Says He Helped Bounce $25M Check
A mortgage broker on Wednesday admitted he helped a real estate developer
cheat a bank by falsely pledging to cover a $25 million check the developer had
deposited from a closed account.

Businessman Says Black Knowledgeable
A businessman who steered the big Hollinger newspaper empire through a storm
of lawsuits and investigations testified Wednesday that former media mogul
Conrad Black "was very knowledgeable" about the finances of the company he's
accused of swindling out of $84 million.

Ewing man pleads guilty to embezzlement
A Ewing man pleaded guilty in federal court yesterday to stealing nearly $500,000
from the Wachovia Bank in Ewing.

Kmart sues former employee over alleged $600,000 embezzlement
A woman accused in the embezzlement of $600,000 from a Kmart store in Spanish
Fork is now being sued.