FraudBaron.com

Former PepsiCo Unit Executive Pleads Guilty in Billing Scheme

money.cnn.com | 7/22/09 | $1.6 million | suspect:  Edward F. Backus : victim:  PepsiCo Inc.

A former PepsiCo Inc. (PEP) unit executive pleaded guilty Wednesday to embezzling $1.8 million from the beverage maker.

Financiers Issue Promissory Notes to Conceal Fraud

reuters.com | 7/27/09 | $554 million | suspect:  Paul Greenwood and Stephen Walsh

Two U.S. money managers arrested in February on charges of running a $554 million fraud at their firm for more than a decade, have been indicted by a grand jury.

Ex-Country Club Employee Arrested in Cash Skimming Scheme

tbo.com | 7/22/09 | $270,000 | suspect:  William Kristopher Kagel

A Lakeland man has been arrested on charges he embezzled nearly $270,000 while employed as Walden Lake Golf & Country Club's event sales director.

Physical Therapy Clinic Owner Charged in Medicare/Medicaid Scheme

houston.fbi.gov | 7/24/09 | $42 million | suspect:  Umawa Oke Imo | victim:  Medicare/Medicaid

The owner of City Nursing Services of Texas Inc., an alleged Houston physical therapy clinic, has been indicted for conspiring to commit health care fraud in an insurance reimbursement scheme.

Former PepsiCo Unit Executive Pleads Guilty to Embezzlement

cnn.money.com | 7/23/09 | $1.8 million

A former PepsiCo Inc. (PEP) unit executive pleaded guilty Wednesday to embezzling $1.8 million from the beverage maker.

Ex-Bank Employee Guilty in 30 Year CD Scheme

newhaven.fbi.gov | 7/21/09 | $722,000 | suspect:  Betty Pacocha | victim:  New Mil Bank/Webster Bank

BETTY PACOCHA, 75, of Kent, pleaded guilty to one count of bank fraud stemming from a 30-year scheme to steal from bank customer CD accounts.

St. Louis Woman Indicted in Grain Pricing Ponzi Scheme

stlouis.fbi.gov | 7/20/09 | $27 million | suspect:  Cathy M Gieseker

Cathy M. Gieseker was indicted on multiple fraud charges including mail and wire fraud and interstate transportation of stolen property, involving a $27 million grain fraud scheme.

Former CEO of Charter School Pleads Guilty in Fraud Case

phildelphia.fbi.gov | 7/20/09 | $1 million | suspect:  Kevin O'Shea | victim:  Philidelphia Academy Charter School

Kevin O’Shea, 50, of Philadelphia, pleaded guilty to mail fraud, theft from a federally funded program, and filing a false tax return, stemming from his role in defrauding the Philadelphia Academy Charter School (“PACS”).

Madoff Accountant David Friehling Pleads Not Guilty

bloomberg.com | 7/20/09 | suspect:  David Friehling | victim:  Madoff Investors

Bernard Madoff's accountant, David Friehling, pleaded not guilty to fraud charges linked to the convicted money-manager’s massive Ponzi scheme.

Ex-Assistant Treasurer of Charity Sentenced for Embezzlement

atlanta.fbi.gov | 7/20/09 | $139,000 | suspect:  Pamela Jones | fictim:  ServeHaiti

PAMELA D. JONES, 36, of Tucker, Georgia, was sentenced to serve 18 months in federal prison on charges that she embezzled more than $139,000 from ServeHAITI, a charitable organization that receives federal funds.