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FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#466 Updated: 8/31/07 12:51 p.m.

Novato embezzlement suspect charged
A Novato bookkeeper arrested last week on suspicion of stealing more than $700,000 from
her employer has been charged with two counts of embezzlement by the district attorney's
office.   Full story, marinji.com

Feds charge Sacramento woman for mail fraud
Manpreet Singh, 24, and Iftikhar Ahmad, 36, of Stockton were arrested Aug. 16, accused of
mail fraud. Ahmad, through a company called I & R Investment Properties LLC, is accused of
selling 10 properties at inflated prices between July 2003 and January 2005, and gaining
$1.5 million in loan proceeds from Long Beach Mortgage.   Full story, bizjournals.com

Study Finds 54% of Accounting Students Cheat
The study, by David E. Morris of North Georgia College & State University, and Claire
McCarty Kilian of the University of Wisconsin at River Falls, found that 54 percent of the
accounting students they surveyed admitted to cheating, compared to 52 percent of
business majors overall.   Full story, webcpa.com

Former Grand Blanc soccer leader pleads guilty to embezzlement
Officials said the thefts began in November 2004 and continued through 2006 as Mikolaizik
siphoned cash from a number of sources within the group, including fundraisers,
registration fees, and other accounts.   Full story, mlive.com

Mortgage broker sentenced in money-laundering case
A Seattle mortgage broker was sentenced to 18 months in federal prison Tuesday for
forging documents that helped several convicted drug dealers buy homes and property with
drug money.   Full story, seattletimes.com

Federal employee charged with fraud, ID theft to get peers' annual leave
In his paperwork he requested to have his medical ondition made known to fellow
employees so that “other employees may donate annual leave to the applicant.”  When his
employers checked on the letters, they found out they were bogus.  Full story,
signonsandiego.com

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