Archives
_________::::____#227 - July 31, 2006________________
227 Updated: 7/31/06 1:50 p.m.

07/29/06 Tustin Chamber Honoree Is Arrested in Fraud Case
A businessman once honored by the Tustin Chamber of Commerce has been
arrested on suspicion of fraud, officials said this week. Timothy Melvin Childress,
26, was being held without bail at Orange County Jail on suspicion of kiting
checks, burglary and grand theft.

07/28/06 Gabelli, with fraud charges settled, approved to bid in FCC wireless
auction
Money manager Mario Gabelli, who earlier this month reached a settlement of
charges that he had defrauded the government in an auction of wireless licenses,
has won approval to participate in another auction this month, government
records show.

07/26/06 FBI agents search 2 Oriskany businesses
FBI agents Tuesday searched the businesses of two Whitestown men, one of
whom has ties to the town supervisor.

07/24/06 Stock Scandal: Who's Next?
The stock options backdating scandal seems like it's growing every day. Dozens of
companies have voluntarily disclosed that their stock option grants are under
investigation, and the U.S. Securities and Exchange Commission said last week
that it has targeted more than 80 firms so far. But that's just the "tip of the
iceberg," according to former SEC Chairman Harvey Pitt.

07/26/06 Former deputy D.A. admits guilt in new scams
A former Los Angeles County prosecutor is scheduled to be sentenced in
November after pleading guilty this week to fraud in connection with two
real-estate scams.

07/26/06 Five accused in student loan fraud
Two owners and three former officials of an Oak Park technical school have been
charged with cheating the Department of Education by obtaining more than
$557,000 in fraudulent student loans and grants.

07/25/06 2 Former State Bank Examiners Indicted
Two former state bank examiners and the owner of one of the largest
check-cashing retail chains in New York were indicted on charges including bribery,
money laundering and perjury, prosecutors said Tuesday.

07/24/06 Fraud Hotlines Allow University Employees to Report Wrongdoing
Anonymously
Allegations about bogus courses for athletes have caused an uproar at Auburn
University since they were first reported this month by The New York Times, but
the controversy actually had its start in an anonymous complaint submitted to the
university's 24-hour fraud hotline back in May.

07/24/06 Insurers to launch anti-fraud bureau
Insurers will this week step up efforts to tackle organised fraud, launching an
independent body which will work with police and government to fight crimes
which cost the industry 1.5 billion pounds a year.

07/23/06 Former bank president gets nine years for fraud
A former bank president was sentenced to nine years in federal prison Friday for
bank fraud and ordered to pay $13.4 million in restitution.
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News