FraudBaron.com

Man Convicted in Check Kiting Sceme

arkansasbusiness.com | 3/8/10 | $7 million | suspect:  Alexander Martinez 

The former chief financial officer of Affiliated Foods Southwest Inc. of Little Rock was indicted by a federal grand jury on three counts related to the check-kiting scheme that defrauded U.S. Bank.

Woman Sentenced in Malden Property Tax Receipt Refund Scheme

boston.com | 3/8/10 | $518,000 | suspect:  Gia Marie DeSantis

A former employee of the City of Malden received a two-year jail sentence after pleading guilty in connection with the embezzlement of more than $518,000 in city property tax receipts, Middlesex District Attorney Gerry Leone announced on Wednesday.

Glendale Resident Convicted in Medicare Scheme

losangeles.fbi.gov | 3/8/10 | $3.2 million | suspect:  Manuk Karapetyan

The owner of a downtown medical clinic has been convicted of Medicare fraud and money laundering in a scheme that billed Medicare more than $3.2 million in only one month for medical services that were not provided.

Woman Impersonates Federal Agent in Fraud Examination

chicagobreakingnews.com | 3/5/10 | $231,000 | suspect:  Jennifer Derrickson

A woman who tried to halt an investigation into her embezzlement of $231,000 from a West Chicago company by claiming she was a federal investigator taking over the case was sentenced Wednesday to four years in prison.

Judge Upholds Net Equity Formula for Madoff Investors

 google.com | 3/2/10 | suspect:  Bernard Madoff

The victims of Bernard Madoff's massive swindle are only owed the money they invested with his firm and not the $64.8 billion reflected on fictitious statements, a Manhattan bankruptcy judge ruled Monday.

Madoff Ops Director Arrested

news.google.com | 3/2/10 | suspect:  Daniel Bonventre

The FBI says it has arrested the former operations director for Bernard Madoff Investment Securities.

Enron's Skilling Goes to Supreme Court?

reuters.com | 3/1/10 | suspect: Jeffrey Skilling

Lawyers for federal prisoner 29296-179 will take their last shot at shredding a lower court's conviction that sentenced him to 24 years in jail. If Skilling succeeds, his sentence could be shortened or he could win a new trial.

Accountant Processed Fake Invoices to Net $3.6M

houston.fbi.gov | 2/25/10 |$3.6 million |  suspect:  Diana Simon

A former accounting supervisor for a Houston area chemicals company has been sentenced to prison for embezzling more than $3.6 million from her employer.

Judge: No Prosecutorial Misconduct in Karatz Option Backdating Case

latimes.com | 2/25/10 | suspect:  Bruce Karatz

A federal judge on Tuesday declined to investigate alleged misconduct by prosecutors in the stock option backdating case against former KB Home Chief Executive Bruce Karatz, citing an "astonishing" lack of evidence to support the allegations.

Former Bank VP Uses Created Lines of Credit to Embezzle

philly.com | 2/25/10

A former executive at a Boyertown, Berks County, bank is accused of embezzling more than $4 million from her ex-employer.