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| _________::::____#94 - December 29, 2005_________________ |
| #94 Updated: 12/29/05 8:12 a.m. 12/29/05 Ex-Qwest executive pleads guilty to wire fraud - A former Qwest Communications International Inc (Q.N: Quote, Profile, Research) executive on Wednesday pleaded guilty to wire fraud in a deal with prosecutors and may be used as a witness against ex-chief executive Joseph Nacchio, who is accused of insider trading. Reuters 12/29/05 The wild card in Enron scandal /NEWS ANALYSIS: Which Richard Causey will testify at trials? - At a top Enron management meeting in September 2001, a red-faced Richard Causey, the chief accounting officer, pounded the table after hearing his colleagues label the company's accounting practices as aggressive. San Francisco Gate 12/29/05 Warehouse worker charged in $185,000 fraud scheme - A Delran man who processed customer orders at an OfficeMax warehouse was charged in federal court in Camden yesterday with diverting $185,000 worth of electronics and other merchandise to addresses he controlled. philly.com 12/29/05 Causey's plea wreaks havoc for Lay, Skilling - After Enron's former top accountant entered a guilty plea Wednesday, Ken Lay and Jeff Skilling were granted an extra two weeks to prepare for trial, but legal analysts suggested more time may not be enough to offset the potential damage. Houston Chronicle 12/29/05 HealthSouth rejects Scrushy claims - HealthSouth Corp. trying to recover from an accounting scandal, on Wednesday sued founder Richard Scrushy for more than $76 million, and rejected a breach of contract lawsuit that he had filed against it. news.yahoo.com 12/28/05 Crime Without Conviction: Report Details 34 Special Deals with Major Corporations - Federal and state prosecutors are increasingly offering major corporations – including Adelphia, Computer Associates, KPMG, Merrill Lynch, Monsanto, Sears, Shell, WorldCom/MCI – special deals – known as deferred prosecution or non prosecution agreements. corporatecrimereporter.com 12/28/05 2 agents to leave FBI, but not each other - Late in 1995, Judy Lewis and Craig Arnold, husband-and-wife FBI agents, were sipping cocktails in a New York nightclub when Lewis tried to strike a deal. kansascity.com |