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_________::::___#271 - October 3, 2006________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#271 Updated: 10/02/06 5:58 p.m.

10/02/06 2005 Mortgage Fraud $1 Billion
Mortgage fraud reached $1 billion during 2005, according to government data
provided to MortgageDaily.com, the dominant source of online news for the
mortgage industry.

10/02/06 Hints of mobster-terrorist connections stir concerns in FBI
The FBI's top counterterrorism official harbors lots of concerns: weapons of mass
destruction, undetected homegrown terrorists, and the possibility that
old-fashioned mobsters will team up with Al Qaeda for the right price.

10/02/06 GAO: Weak Controls on Government Purchase Cards
Poor oversight and shaky internal controls on the use of government purchase
cards to make relief transactions for victims of Hurricane Katrina led to widespread
abuse and fraud, according to a report issued by the Government Accountability
Office.

10/02/06 FBI Agent in Stock Case to Serve 6 Years
Former Federal Bureau of Investigation special agent Jeffrey Royer was sentenced
Monday to six years in prison for his role in a stock-manipulation case involving a
handful of penny-stock companies.

10/02/06 S&L Scandal Makes Headlines, Again
Fourteen years after the government encourages banks to buy-up failing S&L
companies, Old Stone Corp. wants to take its case against the federal
government to the Supreme Court.

10/02/06 Golf Course Bookkeeper Accussed Of Embezzlement
A former bookkeeper for two Pueblo golf courses is being sought for allegedly
embezzling nearly $300,000.