Archives
_________::::____#66 - November 11, 2005________________
Updated:  11/10/05 6:00 p.m.

11/10/05 Fraud Examiners Doubt SOX Will Change Culture - Most fraud examiners
view Sarbanes-Oxley as an effective tool in fraud identification, though few think it
will change the culture of business leaders, according to a corporate fraud report
released by Oversight Systems.

11/10/05 New York man pleads guilty to investment scam - A New York man
admitted Thursday that he stole more than $2 million from investors in a scam in
which he and others claimed to run a lucrative business managing ATMs around
the country, federal authorities said.

11/10/05 Boeing employee pleads guilty to fraud - A former Boeing employee
pleaded guilty Thursday to using company expense cards to make personal
purchases, including a $52,000 BMW, U.S. Attorney Catherine Hanaway's office
said.

11/10/05 Ex-Refco CEO Bennett indicted on 8 counts - Ex-Refco Inc. (RFXCQ.PK:
Quote, Profile, Research) Chief Executive Phillip Bennett was indicted on Thursday
on eight counts of conspiracy, securities fraud and other charges.

11/10/05 City Tow to settle 3-year-old fraud suit by paying $5.7 million - City Tow,
the company accused of illegally pocketing hundreds of thousands of dollars from
the sale of towed or abandoned cars in San Francisco, has agreed to settle a
fraud lawsuit brought by city and state officials for $5.7 million.

11/09/05  Former title exec pleads guilty to $2.7 million scheme - The former vice
president of a Clayton title insurance agency pleaded guilty Wednesday for his
role in a $2.8 million mortgage fraud scheme, said U.S. Attorney Catherine
Hanaway
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