Archives
_________::::____#189 - May 26, 2006________________
#189 Updated: 5/25/06 4:45 a.m.

05/25/06 Lay, Skilling Convicted of Fraud That Doomed Enron
Kenneth Lay and Jeffrey Skilling, who built Enron Corp. into the nation's seventh-
largest company and then drove it into bankruptcy, were convicted of
orchestrating a fraud that made the energy trader the symbol of corporate deceit
in America.

05/25/06 Veterans' Data Theft Went Unreported
The Veterans Affairs data analyst who lost the personal data of 26.5 million
veterans improperly took the information home for three years before the data
was stolen, government investigators told Congress Thursday.

05/25/06 Former Ahold executives found guilty of fraud
Three former Ahold executives on Monday received suspended prison sentences
and were fined a total of €670,000 ($860,000) for their part in a 2003 accounting
scandal that cost investors billions of euros and brought the Dutch food retailer to
the brink of bankruptcy.

05/25/06 Battling E-Commerce Credit Card Fraud
Without question, cybercrime is on the rise, and criminals are becoming
increasingly sophisticated. As global dependence on e-commerce increases,
automated fraud screening will continue to be a crucial first line of defense.

05/25/06 Judge Sets Hearing for Ex-Wal-Mart Exec
A federal judge has set a sentencing hearing Aug. 11 for Thomas Coughlin, the
former No. 2 executive at Wal-Mart Stores Inc., who pleaded guilty in January to
fraud and tax charges for stealing money, gift cards and merchandise from the
world's largest retailer.

05/25/06 Enron's Lay and Skilling guilty
Former Enron Corp. chief executives Ken Lay and Jeffrey Skilling were found guilty
on Thursday of lying about their company's crumbling finances in one of the
biggest U.S. business scandals and could face years in prison.
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