_________::::___#417 - May 21, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#417 Updated: 5/21/07 4:08 p.m.

Five Years Out of Work
Five years after being the first to file for whistle-blower protection under
Sarbanes-Oxley, former CFO David Welch has lost the family farm and his savings,
and still doesn't have a job.  Full story, CFO.com

TWO SENTENCED IN $1.4 MILLION VIRGIN ISLANDS BRIBERY SCANDAL
A former U.S. Virgin Islands fireman and an Atlanta businessman were sentenced
today in U.S. District Court for the District of the Virgin Islands for their role in an
elaborate bribery and kickback scheme to defraud the U.S. Virgin Islands
government of approximately $1.4 million in federal and local funds.  FBI press
release.

7 years given in fraud at U.S. Food
The former chief marketing officer of U.S. Foodservice Inc., a subsidiary of
supermarket giant Royal Ahold NV, was sentenced to seven years in prison
yesterday for his role in a widespread securities fraud that cost investors $800
million.   Full story, Baltimore Sun

Firm fears $1 million embezzlement
The company identified unauthorized checks in excess of $150,000 going to the
CFO. An examination of records revealed that the losses could be hundreds of
thousands of dollars.  The Bexar County district attorneys' office considers Ex-CFO
Dennis Lynn Weiss a flight risk, as they stated "it has come to our attention that
he's building a house in Mexico and he has a romantic interest who's a Mexican
national."  Full story, MySanAntonio.com

Ex-employee of private school is suspected in embezzlement
A 40-year-old Scottsdale woman has been booked on suspicion of embezzling
$145,000 from a private school to pay her divorce attorney and other personal
debts. Full story, AZCentral.com

Man charged in embezzlement released on bond
A man accused of taking more than $83,000 from his church was released today
after posting bond.   Full story, ReidsvilleReview.com