Archives
_________::::___#292 - November 2, 2006________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#292 Updated: 11/1/06 9:37 p.m.

11/01/06
Enron to settle suit over Lay's life insurance
Enron Corp. struck a deal to collect $250,000 on a life insurance policy covering its
founder, Ken Lay, who died just weeks after he was convicted of fraud charges
related to the company's collapse.

11/01/06
Water Cooler ex-CFO Found Guilty of Lies
Prosecutors reportedly accused the finance chief of failing to tell auditors that
proceeds of a $1.75 loan to an investor were being used to buy shares in
AquaCell's IPO.

11/01/06
Deutsche Bank says faces over 10 Enron lawsuits
Deutsche Bank (DBKGn.DE: Quote, Profile, Research) is involved in more than 10
lawsuits stemming from the collapse of energy trader Enron Corp (ECSPQ.PK:
Quote, Profile, Research), the German bank said on Wednesday.

11/01/06
Ex-McAfee Finance Exec Settles With SEC
The deal is the fifth enforcement action to be brought against the security
software maker and its officers.

11/01/06
Returns fraud plagues retailers
Retailers stand to lose $3.5 billion from returns fraud during the holidays this year,
according to a survey released today by the National Retail Foundation.