Archives
_________::::____#58 - October 31, 2005_________________
Updated:  10/31/05 8:29 a.m.

10/31/05 Refco Bad Debts Started With Asian Currency Crisis, People Say -  Refco
Inc. racked up most of the losses that led to its collapse from companies crippled
by the Southeast Asia economic crisis that began in 1997, people with knowledge
of the matter said.

10/31/05 eBay fraudsters jailed in Britain - Three Romanian fraudsters were jailed
on Friday in London for their part in a worldwide fraud carried out via Internet
auction house eBay, which netted at least 300,000 pounds .

10/31/05 Fraud claim hits Renaissance boss - Millionaire businessman Oleg Kiselev
has resigned as chairman of investment bank and brokerage Renaissance Capital
to fight allegations of fraud.

10/28/05 Two Prison Inmates Indicted on FEMA Fraud Charges, Says Justice
Department - Two female inmates housed at the Avoyelles Women's Correctional
Facility in Cottonport, Louisiana, have each been indicted by a federal grand jury
for claiming to be hurricane victims in order to fraudulently obtain FEMA relief
funds, United States Attorney Donald W. Washington announced.

10/27/05 CPA Sentenced in $120 Million Tax Shelter Case - The last of the
defendants in the Anderson's Ark & Associates case have been sentenced,
according to the Department of Justice and the Internal Revenue Service.

10/26/05 New Guidance on Small-business Controls - ''The market does not
readily tolerate inaccurate reporting, regardless of a company's size,'' notes the
draft of a new report encouraged by the SEC and released by COSO.
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