Read more fraud stories on Newserhttp://www.newser.com/taggrid/499/fraud.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 7:52:07 CSThttp://www.newser.com/story/74684/gold-mine-scamster-rips-off-couple-for-5m.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA California man who claimed to have a new way of extracting gold from old mines has been busted for bilking a couple in their '80s out of nearly $5 million. John Arthur Walthall blew the couple's cash on cars, alimony, film school fees for his son, and a $60,...http://www.newser.com/story/74684/gold-mine-scamster-rips-off-couple-for-5m.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 24 Nov 2009 1:47:23 CSThttp://www.newser.com/story/72644/scientology-guilty-of-fraud-rules-french-court.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA Paris court has convicted the Church of Scientology's French branch of fraud and fined it $600,000, but stopped short of the ban on the group that was sought by prosecutors. Church leaders were found guilty of pressuring members into paying large sums of money for questionable financial gain....http://www.newser.com/story/72644/scientology-guilty-of-fraud-rules-french-court.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 27 Oct 2009 6:40:52 CDThttp://www.newser.com/story/72546/mixed-verdict-against-fake-korean-cloner.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe disgraced South Korean scientist who falsely claimed major breakthroughs in stem cell research in human clones was convicted of embezzlement and other charges, but was acquitted of fraud and received only a suspended sentence. Hwang Woo-suk was hailed as a national hero in 2004 for claiming in the journal...http://www.newser.com/story/72546/mixed-verdict-against-fake-korean-cloner.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 26 Oct 2009 5:07:22 CDThttp://www.newser.com/story/72514/madoff-colleague-found-dead-in-swimming-pool.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPhilanthropist Jeffry Picower, who allegedly reaped billions of dollars from longtime friend Bernard Madoff's Ponzi schemes, was found dead today at the bottom of his Florida swimming pool. Efforts to revive him failed, and his death was ruled a drowning, police said. Picower, 67, wife Barbara, and their foundation were...http://www.newser.com/story/72514/madoff-colleague-found-dead-in-swimming-pool.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 25 Oct 2009 16:07:46 CDThttp://www.newser.com/story/71896/29-year-old-sec-honcho-came-from-goldman.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe first person named to the new chief operating officer position in the SEC’s enforcement division is a 29-year-old whiz kid who previously worked at uber-connected Goldman Sachs, Bloomberg reports. "Adam’s skill in technology systems, workflow process, and project management will greatly benefit the division," his new boss says. To...http://www.newser.com/story/71896/29-year-old-sec-honcho-came-from-goldman.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 16 Oct 2009 14:08:31 CDThttp://www.newser.com/story/71716/2-madoff-victims-sue-sec.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTwo investors who lost a combined $2.4 million to Bernie Madoff’s ponzi scheme have sued the SEC for negligence. The lawsuit argues that the commission should reimburse the plaintiffs for their losses because it failed in its duty to protect investors. Regulators had "countless opportunities" to catch Madoff "and...http://www.newser.com/story/71716/2-madoff-victims-sue-sec.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 14 Oct 2009 15:32:04 CDThttp://www.newser.com/story/71265/brooke-astors-son-guilty-on-16-counts-faces-25-years.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter a sensational 19-week trial, Brooke Astor's son was found guilty today on 16 of the 18 counts against him, including grand larceny and conspiracy. The 85-year-old will be sentenced on Dec. 8 and faces up to 25 years. The jury deliberated for 12 days before finding that the legendary...http://www.newser.com/story/71265/brooke-astors-son-guilty-on-16-counts-faces-25-years.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 08 Oct 2009 14:04:25 CDThttp://www.newser.com/story/71084/mistrial-looms-in-astor-trial-after-19-weeks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter a 5-month trial, the jury deciding the fate of Brooke Astor’s son may be at the breaking point. One juror wants out because she fears for her personal safety, the judge revealed today, a day after he felt compelled to deliver a pep talk in court urging jurors to...http://www.newser.com/story/71084/mistrial-looms-in-astor-trial-after-19-weeks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 06 Oct 2009 14:51:31 CDThttp://www.newser.com/story/70860/madoff-trustee-sues-relatives-for-not-doing-their-jobs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe trustee in the Bernie Madoff case, delivering on his threat to sue the imprisoned fraudster's relatives and co-workers, filed a $199 million lawsuit today in bankruptcy court. Rather than alleging that they knew about Bernie's Ponzi scheme, Irving Picard's complaint takes issue with the way brother Peter, sons Mark...http://www.newser.com/story/70860/madoff-trustee-sues-relatives-for-not-doing-their-jobs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 02 Oct 2009 15:15:11 CDT