Archives
_________::::____#197 - June 8, 2006________________
#197 Updated: 6/07/06 9:33 p.m.

06/07/06 Buffet of Fraud Charges at Buca
Federal prosecutors and the SEC allege that former executives of the restaurant
chain improperly put personal expenses on the company's tab.

06/07/06 SEC Accountant Fines Largely Go Unpaid
The Securities and Exchange Commission has taken disciplinary action against
more than 50 accountants in 2005 and 2006 for misconduct in scandals big and
small. But few have paid a dime to compensate shareholders for their varying
levels of neglect or complicity.

06/07/06 Cheer adviser to Salida Steelers faces charges of embezzlement, grand
theft
A cheerleading adviser is accused of stealing $7,635 from the Salida Steelers
Youth Football Organization, but the group's losses might be far greater.

06/07/06 NYU whiz kid pleads guilty in $7 million hedge fund scam
A former New York University student pleaded guilty to bank and wire fraud
Tuesday, admitting he used his student ID and expertly forged documents to pose
as the heir to a billionaire Turkish family and trick investors into pouring millions
into a nonexistent hedge fund.

06/07/06 Shanghai Pudong Devt Bank investigating property loan fraud
Shanghai Pudong Development Bank, in which Citigroup holds a stake, is
investigating a potential fraud case involving property loans worth about 50 mln
usd, state media reported.

06/07/06 World Bank suspends 3 key Cambodian projects over fraud allegations
The World Bank has suspended funding for three of its projects in Cambodia and
demanded the government repay more than 7.0 mln usd after it claimed having
uncovered massive fraud in dozens of contracts.

06/07/06 Herley says it, chairman indicted by attorney's office
Herley Industries Inc. (HRLY.O: Quote, Profile, Research) on Tuesday said the U.S.
Attorney's office has indicted the company and its chairman on charges of making
excessive profits on three contracts with the Department of Defense.
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