_________::::___#492 - October 17, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#492 Updated: 10/16/07 10:05 a.m.

TWO MEN ARRESTED IN COAL MINE SCAM
Federal authorities have arrested two men on charges of defrauding more than 500
investors out of more than $27 million through a bogus investment scheme that promised
victims huge returns in relation to coal mines and an international commodities
transaction.   FBI press release.

FOUR SENTENCED IN MEDICARE FRAUD SCHEME
Defendants Billed Medicare Over $1 Million For Tests Based On Falsified Physician's Orders.  
FBI press release.

Graham woman charged with embezzlement
According to an arrest warrant, an investigation showed that from June 24, 1999 to August
7 of this year, Via “made away with approximately $34,318.85 belonging to Quality
Property Management and Brookwood Garden Condo Association.”   Full story,
thetimesnews.com

Jonesboro man arraigned for alleged embezzlement
Melissa Hazelwood reportedly altered the payee name on 231 company checks for a total of
about $580,000. She and her husband are accused of using a company credit card 871
times, racking up nearly $125,000 in purchases, according to Elwood Police Detective Carl
Caldwell.   Full story, theheraldbulletin.com

U.S. sues Lloyds TSB Bank, Bank of Cyprus
U.S. prosecutors said on Monday they filed civil money laundering charges against Lloyds
TSB Bank Plc and the Bank of Cyprus, alleging they helped launder hundreds of millions of
dollars generated from an alleged securities fraud.   Full story, reuters.com

S.J. man pleads guilty to bilking friend in inheritance scam
A San Jose man pleaded guilty to money laundering for borrowing $370,000 from a friend
after falsely telling her that he and his wife needed the money to pay tax on an impounded
multimillion-dollar inheritance from China, authorities said today.   Full story, sfgate.com

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