_________::::___#487 - October 10, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#487 Updated: 10/10/07 7:10 a.m.

Audit and Fraud Detection Tool Debuts
CaseWare IDEA Inc. and Audimation Services Inc. have released IDEA Version 7.2, the
latest version of their software to give accounting and financial professionals additional
capabilities to assist with audits, detect fraud and meet documentation standards.   Full
story, webcpa.com

Guilty Plea in Lawsuit Kickbacks Case
A former partner with a prestigious New York law firm that made an estimated $250 million
by filing class-action lawsuits against some of America's largest corporations pleaded guilty
Tuesday to a racketeering conspiracy charge.   Full story, chron.com

House Vote to Target Contractor Fraud
Congress is moving to crack down on fraud associated with wartime contracts, with the
House on track to pass legislation on Tuesday that would make it easier to convict
companies working abroad.   Full story, ap.google.com

SafeNet's Ex-CFO Pleads Guilty to Backdating
The onetime finance chief awaits sentencing one year after leaving the information security
company during a review of its stock-options-granting practices   Full story, cfo.com

Berlusconi May Face New Charge in Mediaset Trail
Prosecutor Fabio De Pasquale asked a Milan court to charge former Prime Minister Silvio
Berlusconi with fraudulent accounting at his private TV broadcaster Mediaset SpA in 2001.   
Full story, bloomberg.com

SEC Balks at Split-Trial Idea in Fraud Case
Two defendants in the commission's case against five ex-Qwest employees, including CEO
Joseph Nacchio, want a separate day in court.   Full story, cfo.com

____________________________