_________::::___#467 - September 4, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#467 Updated: 9/4/07 8:03 a.m.

To Catch a Thief
Employee fraud hits growing businesses hardest. Here's what you can do to make sure
there's not a thief among you.   Full story, entrepreneur.com

Court Closes $15M Promissory Note Fraud Case
The Western District Court of New York has ruled against two real estate company
managers charged with running a fraudulent promissory note scheme. The two men,
Edward “Ted” Tackaberry and Mark Palazzo, allegedly netted roughly $15 million by
targeting some 275 investors.   Full story, cchwallstreet.com

Club treasurer arrested for embezzlement
Lt. Steve Kohne of the Tippecanoe County Sheriff's Department said Smith is suspected of
cashing in certificates of deposit and moving other funds around, with the money ultimately
landing in his personal bank account.   Full story, jconline.com

Church theft total: $800,000
"She was apparently writing checks to herself," Bell said. "The records were altered to
show that the money was going to church services and needs."   Full story, mailtribune.com

Accountant held in church theft
Police said Friday that they found $250,000 in cash, traveler's checks, money orders and
prepaid gift cards. They also recovered $150,000 in property, including cars, jewelry and
high-end electronics.  Of the $250,000, detectives discovered $100,000 in cash stuffed in a
backpack, said Sgt. Rick Griner, a Chandler police spokesman.  Full story, azcentral.com
__________