Archives
_________::::____#225 - July 20, 2006________________
225 Updated: 7/19/06 10:07 p.m.

07/19/06 FASB Okays Project to Overhaul Lease Accounting
Accounting rule makers agreed Wednesday to begin an overhaul of
lease-accounting rules, a move which could ultimately make many more leases
appear as debt on company balance sheets.

07/19/06 Katrina audit shows fraud, abuse
The Homeland Security Department wasted hundreds of thousands of dollars last
year on iPods, dog booties, beer-making equipment and designer jackets,
congressional investigators have concluded.

07/19/06 Investor reaches plea deal over fraud
An indicted Toledo investment executive who steered his wealthy clients into
everything from movie financing to a chain of rib joints has reached a plea deal
with federal prosecutors.

07/19/06 $8.7 million restitution upheld in Monon fraud
A federal appeals court ruled against two former top Monon Corp. executives who
argued they should not have to repay millions of dollars taken in a corporate fraud
because lenders should have noticed something was wrong.

07/19/06 Former Cokato bank executives charged with fraud
Two former executives at the State Bank of Cokato were charged in federal court
Wednesday in connection with a number of loan frauds, the U.S. attorney's office
said.
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News