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FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#460 Updated: 8/22/07 7:59 a.m.

Mom admits embezzlement
A woman accused of stealing more than $1 million from her nonprofit employer said she
used the money to pay for medical bills, vacations and her daughter's wedding.   Full story,
concordmonitor.com

10 Fraud-Prevention Resources
Think someone's trying to pull a fast one on you? Check out our resources for validating
their credibility.  Full story, msnbc.msn.com

SEC accuses Sentinel of fraud
The Securities and Exchange Commission on Monday accused Northbrook-based Sentinel
Management Group of fraud and misappropriation of clients' assets, including using
customers' securities to obtain a loan of up to a half-billion dollars.  Full story,
chicagotribune.com

Oral surgeon going to prison for tax fraud
The elder Lewis admitted that he "employed a highly sophisticated scheme of moving
money among domestic and international corporations in order to conceal income from the
IRS," federal prosecutors said in court papers.   Full story, sfgate.com

Crown College employees suspected of fraud
They suspect four employees and three other people faked enrollment at the school and
collected nearly $60,000 in federal student loans and grants.   Fullstory, seattletimes.com

Calif. Brothers Arrested for Fraud
In May 2007, CDI Fraud Division investigators received a tip that Masood Pymanee was
allegedly soliciting assistance in the disposal of his 2006 Mercedes Benz SL500.   Full story,
insurancjourmal.com

Ex-car dealership worker pleads guilty in embezzlement
After more than a year of investigation, police believe $164,129 was missing from the
dealership checking accounts and a shortage of $128,781 from customer accounts.  Full
story, Norwichbulletin.com

Texas Trader Admits Guilt in Iraq Oil-for-Food Fraud
The trader, David B. Chalmers Jr., admitted that he and two companies he ran, Bayoil USA
and Bayoil Supply and Trading, made millions of dollars in kickbacks to the Iraqi government
— as well as huge profits — while trading oil under the $65 billion aid program.   Full story,
nytimes.com

Former secretary accused of $350,000 AMVETS embezzlement
A woman took money from various accounts and forged signatures on checks issued to
herself in the course of stealing more than $350,000 from AMVETS and AMVETS Ladies
Auxiliary state headquarters at Fort Indiantown Gap, state police said.  Full story, pennlive.
com
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