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_________::::___#301 - November 16, 2006________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#301 Updated: 11/15/06 6:54 p.m.

Woman sentenced in multi-state mortgage fraud
A woman who was accused of mortgage fraud in multiple states was sentenced
Wednesday in federal court to more than five years in prison and ordered to pay
nearly $1.1 million in restitution.

Ex-Enron accounting chief gets 5 1/2-year sentence
Richard Causey, Enron's former chief accounting officer who helped fudge financial
statements to nurture an illusion of success, will serve five and a half years in
prison for securities fraud, a judge ruled today.

Accountant For Norwich Firm Charged In Embezzlement Scheme
An employee at a Taftville company stumbled on a $129,000 embezzlement
scheme last summer that apparently had the company paying another employee's
credit card bills, utilities and miscellaneous expenses, police said in an arrest
warrant affidavit.

Convention bureau's tax bill won't go away
A new CEO will be found. The books will be balanced. The crime will be explained.
But no one knows who will or should pay $750,000 in unpaid payroll taxes and
the tens of thousands of dollars in penalties and interest growing daily as the
crisis at the county's Convention and Visitors Bureau continues.

Siemens's Offices Searched on Embezzlement Suspicions
Siemens AG, Europe's largest engineering company, said police searched company
buildings and private residences of employees at 30 German locations as
authorities suspect managers may have embezzled company funds.

Citigroup Exec Offers Corporate Governance Tips
Efforts to improve good corporate governance efforts need to start at the top,
according to Lewis Kaden, Citigroup Inc. vice chairman and chief administrative
officer.

Allegiance Acquires National Hotline Services to Create Ethics Reporting
Powerhouse
Allegiance continues rapid growth; unites SilentWhistle with industry’s leading
phone-based ethics hotline to deliver unmatched ethics reporting suite