Archives
_________::::____#38 - September 29, 2005________________
Updated:  9/29/05 9:59 a.m.

09/29/05 Terrorist bank deals seen as "impossible to spot" - Four years of
intensive U.S.-led efforts to starve terrorist groups of funds have brought home
the harsh truth that banks are virtually powerless to spot terrorists solely on the
basis of their financial dealings, bankers, regulators and experts say.

09/29/05 Anti-fraud company reimburses NASAfor alleged fraud - A California
company that bills itself as a leader in fraud detection systems agreed to
reimburse $1.3 million for the alleged fraud of one of its employees.

09/29/05 Ex-fire treasurer indicted on fraud charges - Wearing a blue Cranston
Heights Fire Company T-shirt, the department's former treasurer grew teary-eyed
Wednesday as a federal magistrate read an indictment charging him with stealing
$288,000 from his fellow firefighters.

09/29/05 Parmalat's Tanzi Appears in Court for Start of Trial - Parmalat Finanziaria
SpA's founder Calisto Tanzi appeared in a Milan court to face charges of
misleading investors and regulators about the true finances of the dairy company
that caused Italy's biggest bankruptcy when it defaulted on $16 billion of debt
almost two years ago.

09/28/05 Bayou Chief Financial Officer Marino Pleads Guilty to Fraud - Daniel
Marino, chief financial officer of Bayou Group, pleaded guilty to four felony charges
stemming from what prosecutors called a $300 million fraud at the hedge fund.

09/28/05 Standby letters were warning in fraud case - Daryl Brown, chairman of
the Vertical Group, LLC, was arrested Monday following a fraud investigation by
the FBI.
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News