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_________::::___#268 - September 28, 2006________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#268 Updated: 9/27/06 9:50 p.m.

09/27/06 On the Run, Ex-CEO of Comverse Arrested
Caught in Namibia, Jacob “Kobi” Alexander has been charged with fraud in
connection with an investigation into alleged backdating of stock options at the
technology company.

09/27/06 Ex-jewelry executive gets prison term for bank fraud
The former president of a jewelry manufacturer was sentenced to 21 months in
federal prison on Wednesday for a fraud that cost Fleet Bank $15.76 million,
federal prosecutors said.

09/27/06 HealthSouth Settles for $445 Million
By settling the class-action lawsuits, the company hopes to put its scandal-ridden
past behind it.

09/27/06 SEC charges ex-RenaissanceRe execs with fraud
The U.S. Securities and Exchange Commission said on Wednesday it brought
securities fraud charges against three former executives of reinsurer
RenaissanceRe Holdings Ltd.

09/27/06 Bank of America Settles NYC Probe
Bank of America Corp. has agreed to pay $7.5 million to settle a New York City
investigation into the bank's anti-money-laundering procedures.

09/27/06 US butler accused of insider trading on poolside faxes
The U. S. Securities and Exchange Commission accused Graham Lefford, a former
butler at a summer home in South Hampton, New York, of insider trading for
buying shares of a company his boss was in the process of acquiring.

09/27/06 HP, Press Bug Each Other
Silicon Valley journalists just got tougher — and for some, so has their job.