_________::::___#429 - June 11, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#429 Updated: 6/10/07 11:53 a.m.

Loan officer pleads guilty to stealing
Stephen Jacquin created a fictitious line of credit in the amount of $775,000 in
2000, titling it in the name of an actual bank customer while affixing to it his own
mother's address, according to the plea.  Full story, Chicago Tribune

Bookkeeper sentenced for embezzling $6.9 million
Prosecutors said Angela Platt, whose annual salary was $40,000, began writing
checks from company accounts to herself in 1999. Over time, they were for as
much as $50,000. The thefts were discovered in 2006 when another bookkeeper
was hired to assist her.   Full story, SignOnSanDiego.com

Less Patience for Executive Misdeeds
The abrupt resignation of WellPoint executive David Colby for violating the
insurer's code of conduct shows how high the good-behavior bar has been raised
in the corner offices of corporate America, ethics experts say.  Full story, Houston
Chronicle

SEC Plans to Fine Nortel in Enforcement Policy Test
The U.S. Securities and Exchange Commission plans to fine Nortel Networks Corp.
for accounting fraud in the first test of a policy that gives the agency's
commissioners more say in corporate penalties, four people with direct knowledge
of the matter said. Full story, Bloomberg.com

Former UN official convicted
A former United Nations official was convicted Thursday of helping a friend secure
$100 million in U.N. contracts in exchange for a huge discount on two luxury
Manhattan apartments and cash. Full story, Boston.com

Solana Beach company's founder indicted
A federal grand jury has indicted the founder of a Solana Beach-based foreign
currency trading fund on multiple charges of mail fraud and wire fraud in
connection with an alleged scheme to defraud investors out of more than $10
million.  Full story, NCTimes.com

Fresno ex-bookkeeper admits embezzlement
Deanna Gonzalez stole $56,081 from the Fresno Convention and Visitors Bureau  
between July 2005 and October 2006 using its credit cards and fraudulent checks.
 The agency has stopped giving employees credit cards and two bureau officials
are now required to sign checks. Full story, FresnoBee.com

Ex-Goodwill president strikes deal in embezzlement scheme
The former president of the Santa Clara County branch of Goodwill Industries
accused of helping steal as much as $20 million from the charity stuck a plea deal
with prosecutors to avoid embezzlement charges. Full story, SignOnSanDiego.com

Woman sentenced for embezzlement
A former American General Finance employee was sentenced to 90 days in the
county jail and five years of community control in connection with the theft of more
than $100,000 in a six-year embezzlement scheme.  Full story, Newark Advocate

Two more court clerks indicted in ticket-fixing scam
A federal grand jury Thursday indicted two more clerks at Orleans Parish Traffic
Court on charges they embezzled about $109,000 in revenue from ticket fines.  
Federal agents have nabbed 14 people in their probe at traffic court, which began
in 2003 after the Metropolitan Crime Commission passed on an anonymous tip to
the FBI that something was amiss at the traffic court.   Full story, Times-Picayunne