_________::::___#438 - June 28, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#438 Updated: 6/28/07 1:26 p.m.

Ex-treasurer guilty of embezzling
Dracut's former treasurer pleaded guilty yesterday to embezzlement and was
ordered to repay the town more than $60,000, prosecutors said.  Full story,
Boston.com

FORMER PRESIDENT OF DOMECQ IMPORTERS INC. PLEADS GUILTY TO
CONSPIRACY CHARGES
"Today's plea agreement and proposed 10-year jail sentence underscores that
the Department of Justice will vigorously investigate and prosecute individuals
who violate criminal laws no matter how hard they try to escape the U.S. legal
system," said Thomas O. Barnett, Assistant Attorney General in charge of the
Department's Antitrust Division.   FBI press release.

Adelphia execs heading to prison
Their appeals all but exhausted, Adelphia Communications founder John Rigas and
his son, Timothy, will head to prison on Aug. 13 for their role in one of the largest
corporate frauds in U.S. history.  Full story, Houston Chronicle

Russian tycoon faces embezzlement trial in absentia
Boris Berezovsky , who is based in London and is a vocal critic of President
Vladimir Putin, faces up to 10 years in jail if convicted on the charges of
embezzling 214 million roubles ($8.28 million) from the Russian flag carrier,
Aeroflot.  Full story, San Diego Tribune

'N Sync founder accused of defrauding Ind. bank
The creator of the Backstreet Boys and 'N Sync was indicted Wednesday by a
federal grand jury on charges he defrauded an Indiana-based bank out of $20
million.  Full story, Indystar.com