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| _________::::___#270 - October 2, 2006________________ |
| #270 Updated: 10/02/06 1:16 p.m. 10/02/06 Where are they now? This week, Enron's Andy Fastow was sentenced and WorldCom's Bernie Ebbers reported to jail. Here's our up-to-date tally of what happened to executives at five of the most infamous financial frauds in Corporate America. 10/02/06 Broward labor agency employee charged in embezzlement An employee of Broward's labor and employment agency has been charged in an embezzlement of more than $800,000 from the agency over a period of several years. 10/02/06 Former Fifth Third manager sentenced for embezzlement A former assistant vice president at Fifth Third Bank has been sentenced to four years in prison for embezzlement, according to a WKRC-TV report. 10/02/06 More Home Buyers Stretch Truth, Budgets to Get Loans Mortgage fraud continues to escalate in Southern California, FBI figures show, raising concerns of increased defaults and foreclosures as the housing market cools down. 10/02/06 Couple indicted in credit card fraud Federal charges - John and Lili Brown of Beaverton are accused of using others' cards for their business 10/02/06 Two get prison in Baptist Foundation collapse Two top executives with the now-defunct Baptist Foundation of Arizona, which collapsed in 1999 in the largest nonprofit bankruptcy in U.S. history, were sentenced on Friday to prison terms. |