Accountability good, but Enron trial raises concerns

Freedom Newspapers It’s not particularly surprising that Enron Corp.’s former top two executives, Kenneth Lay and Jeffrey Stilling, were found guilty Thursday on most criminal counts that prosecutors brought against them relating to the demise of what was once the nation’s seventh-largest company. Both men face the prospect of spending the rest of their lives […]

Take steps to protect against identity theft

Terry Blaschke: Guest Columnist Identity theft is the nation’s fastest-growing crime. More than 40,000 Americans reported incidents of identity theft during 2000, with more than half of the complaints involving credit card fraud, according to the Federal Trade Commission. That’s roughly one case of identity theft reported every 19 minutes. Identity thieves can strike at […]

Police looking for accomplice in fraud investigation

By Leslie Radford: CNJ Staff writer An alleged scam artist is behind bars and Clovis police are looking for her husband, whom they describe as an accomplice. Police said Cynthia Flores of Clovis was arrested on Friday afternoon. She is being held on $25,500-cash only bond at the Curry County Adult Detention Center and faces […]

License laws unnecessary legal throwback

Freedom Newspapers The sentence seemed a bit outsized for the crime. Federal Judge David O. Carter sentenced Harold David Goldstein on Wednesday to more than 12 years in prison for fraud and perjury charges for running a legal firm without a license. “I lied about being a lawyer, but other than the lie, everything else […]

Fraud becoming standard practice

By Leonard Pitts Jr. Call it the revenge of Milli Vanilli. You remember them, right? The pop music duo that came out of nowhere to score one of 1989’s biggest hits, an album called “Girl, You Know It’s True?” But “true” is one thing Rob Pilatus and Fabrice Morvan never were. One year, 7 million […]

Enron court case will not prevent further problems

Freedom Editorial It is easy to view the recent indictment and arrest of former Enron Chairman and CEO Kenneth Lay with a degree of satisfaction. Executives of the now-bankrupt Enron have been accused of hiding billions of dollars in debt and embellishing company financial statements with complicated off-the-books transactions. Its collapse hurt thousands of employees […]

Business Briefs 2/17

Industry association to hold biz review The Association of Commerce and Industry of New Mexico will hold a session of its 2004 Roundhouse Review in Clovis on March 12 at the Holiday Inn. The meetings will feature local legislators and include a briefing on how key business issues were addressed during the 2004 Legislative session. […]

ENMU Prof learns to fight fraud

Studied to become a fraud examiner Gary Mitchell PORTALES — Four years ago, Certified Public Accountant Dr. Don Morris, an associate professor of accounting at Eastern New Mexico University, had never even thought about being a fraud examiner. Now he is certified in the field. Morris, 57, recently completed the requirements and examination qualifying him […]

Two arrested in fraud sting

By Darrell Todd Maurina Two state employees face charges of stealing at least $2,900 from accounts meant to assist low-income Portales residents, according to 9th District Attorney Brett Carter. Ricardo Mendez, 37, of Clovis, and Julia Tapia, 49, of Portales, were arrested Friday on charges of fraud over $250 and conspiracy to commit fraud over […]