_________::::___#464 - August 28, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#464 Updated: 8/27/07 9:10 p.m.

Here are some things businesses can do to guard against fraud
According to the Association of Certified Fraud Examiners, small businesses (those with
fewer than 100 employees) in 2006 had the highest median loss for fraud cases and were
the most heavily represented group, making up 36 percent of all frauds in the study.  Full
story, starbulletin.com

NASCAR team owner Gene Haas pleads guilty to $34 million tax fraud
Haas pleaded guilty to a felony conspiracy charge for orchestrating a plan to list bogus
expenses that could be written off as business costs and save Haas Automation millions in
taxes.   Full story, sportingnews.com

Firm pleads guilty to fraud for supplying bad concrete for Big Dig
A federal judge accepted a guilty plea today from Aggregate Industries NE Inc. for supplying
5,700 truckloads of substandard concrete on the Big Dig as part of a settlement in a fraud
case that will cost the company $50 million.   Full story, boston.com

Conrad Black Asks Judge to Throw out Verdict or Grant New Trial
In papers filed today with U.S. District Judge Amy St. Eve in Chicago, Black's attorneys
argue that evidence prosecutors presented to the jury during his 15-week trial doesn't
support last month's guilty verdict.   Full story, bloomberg.com

Judge Approves Deloitte & Touche's $167.5M Payment to Adelphia Trust
Auditing firm Deloitte & Touche will pay $167.5 million to a trust set up to pursue litigation
on behalf of Adelphia Communications Corp. after a bankruptcy court approved a
settlement between the auditor and the collapsed cable company.  Full story, smartpros.com


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