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_________::::___#307 - November 28, 2006________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#307 Updated: 11/27/06 4:54 p.m.

Former CEO gets 10 years
Van Etten is sentenced for scamming thousands in IHI and Mayflower schemes

Former Moore Automotive CFO sentenced for wire fraud
The former chief financial officer of Moore Automotive Group, Julie Lewis, was
sentenced to more than three years in jail and ordered to pay $2.4 million in
restitution on wire fraud charges, U.S. Attorney Catherine Hanaway said Monday.

Mortgage Broker Indicted in $10 Million Fraud Scheme
According to the Indictment, defendant Yvette Scott Patterson masterminded the
scheme, and used her mortgage business, Khadmilroy Inc., located in Broward
County, to execute it.

Greenwich man gets federal prison time for hedge fund fraud
A Greenwich man was sentenced Monday to 21 months in federal prison for
defrauding investors of more than $530,000 in a hedge fund scheme.

IRS Increases Audits of Millionaires, Small Businesses
A taxpayer who made more than $1 million had a one-in-16 chance of being
audited by the IRS in the fiscal year just ended, up slightly from the year before.

Sarbox Rollback Report Due November 30
Treasury Secretary Paulson, and Sarbox 404 critics, await the findings of a blue-
ribbon panel charged with dissecting the rules.

Business ethics – acting responsibly is a crucial line of defence
With corporate leaders under ever-increasing scrutiny, securing a good corporate
reputation can come down to an effective corporate responsibility programme

Griffith pleads guilty to $5.4 M embezzlement
Bookkeeper Carol Griffith calmly pleaded guilty in federal court in Cedar Rapids this
afternoon to charges of mail fraud, money laundering and possession of a forged
security in a long-time embezzlement scheme that cost her employers of 15 years
an estimated $5.4 million.