| _________::::___#398 - April 18, 2007________________ |
| #398 Updated: 4/18/07 12:26 p.m. Prosecutors tie payments to Conrad Black's company The first of what became a series of payments growing into the alleged $60 million fraud Conrad Black and his associates are charged with was mapped out at the Canadian company that the failed media mogul controlled, prosecutors said on Tuesday. Lay's widow claims assets Former Enron Chairman Ken Lay's widow says she is the rightful owner of his share of assets that the government wants to seize. HENDRICKS COUNTY BUILDER SENTENCED FOR BANK FRAUD The defendant found that his real estate development and home construction business required funding beyond what he was able to raise through bank financing or investor financing and by 1998 he was engaged in check kiting and bank loan schemes. Sentencing in Jemal case delayed a day Jemal, who last October was convicted of wire fraud but cleared of bribery and conspiracy charges, was to be sentenced Monday morning before Judge Ricardo Urbina in U.S. District Court. The hearing, however, has been rescheduled for Tuesday at 10 a.m., according to the court. Former executive pleads guilty to conspiracy, money laundering A Bowling Green man who was environmental director for Fruit of the Loom in Bowling Green pleaded guilty to conspiracy to defraud the company and two counts of money laundering, a federal prosecutor said Tuesday. |