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_________::::___#316 - December 11, 2006________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#316 Updated: 12/10/06 4:01 p.m.

Farm insurer must pay $512K for fraud scheme
The former president of Crop Hail Management Inc. in Bigfork has been sentenced
to more than three years in prison and ordered to pay $512,000 in restitution for
money laundering and fraud.

Prosecutor's employee accused of embezzlement
A longtime employee of the King County Prosecutor's Office who was arrested in
an Internet sex sting is now accused of embezzling more than $72,000 from
Prosecutor Norm Maleng's election campaign.

Researchers develop tool to combat Internet auction fraud
Carnegie Mellon University researchers are using an old adage to develop
anti-fraud software for Internet auction sites like eBay: It's not what you know,
it's who you know.

Up against the IRS, Snipes surrenders
Now he faces a more daunting legal challenge. On Friday he surrendered in
Orlando, Fla., on federal charges that he tried to collect $11.4 million in fraudulent
income tax refunds and failed to file returns after 1998.

Chamber moves forward following arrest of former employee
The Fallon Chamber is looking forward to the future and the prospect of returning
value to its members following the arrest former employee Jeanna Arnold on
charges of embezzlement.

IBM Staff Stole Russian Pension Money, Ministry Says
Russia's Interior Ministry accused executives of International Business Machines
Corp., the world's largest provider of computer services, of stealing money from
the country's $57 billion Pension Fund.

Repaid fraud victims gets man light sentence
A man received a light sentence on a wire fraud conviction in federal court in
Pittsburgh because he confessed to federal agents and returned money he had
allegedly stolen without knowing he was already under investigation.