Archives
_________::::____#57 - October 28, 2005_________________
Updated:  10/28/05 6:56 a.m.

10/28/05 MAN AG wins accounting fraud court case vs DaimlerChrysler unit
Freightliner - MAN AG said that the High Court in London ruled in favour of its truck
unit MAN Nutzfahrzeuge AG which had demanded compensation damage against
DaimlerChrysler AG's unit Freightliner Ltd for false accounting discovered in the
latter's ERF bus unit.

10/28/05 Report says former company executives engaged in elaborate fraud -
The top three officers of a plastics company here created fake customers as part
of an elaborate $30 million fraud and also used corporate money to pay for
personal expenses, including income taxes, according to an independent
examiner's report.

10/27/05 Businessman faces 11 charges of fraud - Roy Singleton, a former
Darlington mobile-home dealer known for commercials with the catch phrase “We
can save you money!”, was indicted Tuesday by a federal grand jury on fraud
charges.

10/27/05 International Regulations Regarding Privacy - In May 2005, the
Commission Nationale de l’Informatique et des Libertes (CNIL) denied McDonald’s
France and CEAC (French subsidiary of Exide Technologies) permission to
implement employee complaint procedures aimed at uncovering ethical and legal
misconduct.

10/27/05 Los Angeles Bus Driver Pleads Guilty to Workers' Comp Fraud - A
Metropolitan Transportation Authority (MTA) bus driver has pleaded guilty to
workers’ compensation insurance fraud after an investigation by the California
Department of Insurance (CDI) Fraud Division.

10/26/05 Survey: SOX Shaping Revenue Recognition Policies - Since the passage
of Sarbanes-Oxley more than three years ago, more than half of public and
private companies participating in a survey revealed that they have changed their
respective revenue recognition policies as a result of the sweeping reform act.

10/24/05 Bush names procurement fraud fighter to second-ranking Justice slot -
President Bush nominated Paul J. McNulty, U.S. attorney for the Eastern District of
Virginia, to be deputy attorney general at the Justice Department Friday.
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