Word: fraud
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WATCH YOUR CREDIT: Place a fraud alert on your credit reports with the three credit bureaus: Experian (888-397-3742), TransUnion (800-680-7289) and Equifax...
...least while we wait on the phone, we can distract ourselves with news about secret pension trusts, corrupt stock analysts, accounting fraud and CEO paychecks. Or, we can read the U.S. News &World Report fat double issue, “A Consumer Survival Guide.” Think about it—more than two-thirds of the jobs in the U.S. economy depend upon consumer expenditure. Consumers—that means you and I—own this economy; our cash makes it run. Still, the best we are offered is advice on how to survive the onslaught...
...heads. - By Peter Gumbel One Down, So Many To Go Ben Glisan, former treasurer of Enron, became the first executive to be imprisoned over the accounting scandal at the bankrupt energy firm. Glisan was sentenced to five years in a U.S. prison after pleading guilty to securities and wire fraud...
...church worker Myrna Opsahl during a bank robbery in Carmichael, Calif., was found last year teaching economics at the University of Cape Town. And German con man Jurgen Harksen, who had lived in the city since 1993, was extradited to Germany last year, where he was convicted of fraud. Why do fugitives flock to this beautiful city? "Perhaps they think we're at the end of the world," ventures a spokesman for the mayor. "Little do they know, we are far more First World than Third. Our international links are strong." --By Simon Robinson and Peter Hawthorne
...SENTENCED. Pauline Hanson, 49, co-founder of Australia's anti-immigration One Nation party, to three years in prison for electoral fraud; in Brisbane. In 1997, Hanson and One Nation co-founder David Ettridge falsely claimed to have the 500 members necessary to register their party, then accepted $330,000 in government electoral funding. Hanson's party is already in disarray and her political career in steep decline; several political rivals, including Prime Minister John Howard, have said the sentence is harsh...