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_________::::___#294 - November 7, 2006________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#294 Updated: 11/6/06 6:25 p.m.

11/06/06 SEC Settles Spiegel Case
The Securities and Exchange Commission has filed and settled enforcement
actions against former officers and directors of Spiegel Inc., the owner of
catalogue retailers Spiegel, Eddie Bauer and Newport News.

11/06/06 Citigroup Settles Old WorldCom Suits
Twenty-six investor suits, dating back to Grubman reports on MCI WorldCom, are
settled.

11/06/06 Cuban sells short before exposé
In the dog days of August, billionaire Mark Cuban began placing orders with his
stockbroker to bet against an obscure energy company called Xethanol Corp. that
aims to turn waste plant matter into energy.

11/06/06 More take the rehab way out
Fastow is the latest corporate convict to seek counseling to cut time off sentence

11/06/06 Barclays Settles with Enron for $144 Million
One of Britain's largest banks ends its dispute with Enron in the third settlement
announced this week.

11/06/06 First Person: Lynn Brewer, Enron Whistle Blower
The woman responsible for blowing the whistle on Enron spoke to students at
IU's Kelley School of Business. Lynn Brewer worked for Enron for close to three
years before she went public with the company's corrupt business practices.

11/06/06 Appeals court backs decision clearing Enron founder
A U.S. appeals court has refused to overturn a judge's decision voiding the fraud
conviction of Enron Corp. founder Kenneth Lay, who died before he could appeal,
according to court records.

11/06/06 Ex-Ahold unit exec to blame for fraud--prosecutor
A former marketing executive of Ahold NV's (AHLN.AS: Quote, Profile,
Research)(AHO.N: Quote, Profile, Research) U.S.-based food distribution unit lied
about earnings to boost the company's profit and earn bonuses as part of an
$800 million accounting fraud, a prosecutor told a jury in closing arguments on
Monday.

11/06/06 Taiwan Shares Drop Amid Uncertainty
Taiwanese shares fell on Monday amid concerns that political feuding could
intensify after President Chen Shui-bian refused to resign over a corruption
scandal.

11/05/06 Daewoo founder receives 81/2-year sentence for fraud
An appeals court Friday sentenced the founder and former chairman of collapsed
South Korean conglomerate Daewoo to 8 1/2 years in prison on charges including
embezzlement and accounting fraud.