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To: afrayem onigwecher who wrote (11615)	5/9/2003 2:25:14 PM
From: StockDung	Respond to of 19428

Halliburton Admits Making $2.4 Million Bribe by: Wire Services 5/9/2003 Halliburton, the world's No. 2 oilfield services company, said in a regulatory filing on Thursday that it has disclosed to the U.S. Securities and Exchange Commission that it made about $2.4 million in improper payments in Nigeria. In a filing made Thursday, the company said its KBR subsidiary "made improper payments of approximately $2.4 million to an entity owned by a Nigerian national who held himself out as a tax consultant when in fact he was an employee of a local tax authority." The filing stated that the payments were found during a routine audit, and that several employees were fired as a result. A company spokeswoman told the Houston Chronicle for its Friday editions that the bribes were paid between 2001 and 2002. Company officials are trying to determine how much it owes Nigeria in back taxes. It could be as much as $5 million, the filing said. In Nigeria, the engineering, construction and oil-field services company is constructing a liquefied natural gas plant and developing an offshore oil and gas facility. Meanwhile, federal investigators are still questioning witnesses a year into a probe of the company's accounting. The SEC is examining how Halliburton booked and disclosed cost overruns on construction contracts beginning in 1998, when Dick Cheney was chief executive officer. Cheney has not been contacted by the SEC, according to a lawyer familiar with the matter. Cheney's office confirmed he hasn't been questioned. "You would expect that they talk to everybody else before they knock on his door," lawyer Joseph Baio, who has defended corporations before the SEC, said about the SEC's timing of a possible Cheney interview. Sources: Reuters, AP, Bloomberg For more information visit:

To: afrayem onigwecher who wrote (11615)	5/9/2003 5:54:03 PM
From: StockDung	Respond to of 19428

Pump & dump dinner. lol-> Siebel faces SEC inquiry (SEBL) 5:38pm 05/09/03 By Mike Tarsala Siebel Systems (SEBL) said Friday that a CBS.MarketWatch.com report on May 1 has prompted the Securities and Exchange Commission to inquire about the company's compliance with Regulation FD. The story said the business software maker's stock rose about 8 percent after a dinner attended by certain financial analysts, investors and company executives. Siebel said that it has launched an internal review of the circumstances involving the statements made to CBS.MarketWatch.com. Siebel shares rose 5 cents on Friday to close at $9.53.

To: afrayem onigwecher who wrote (11615)	5/10/2003 3:58:10 PM
From: StockDung	Read Replies (1) \| Respond to of 19428

Action Suggested Against Raymond Adviser .c The Associated Press WASHINGTON (AP) - Raymond James Financial Inc. said Friday that Securities and Exchange Commission staff is recommending enforcement action against one of its advisers who allegedly misappropriated $12.5 million. In a quarterly report filed with the agency, the company said it is ``contesting this determination and maintains that no such proceedings are warranted against it.'' The company reported in December that the SEC was investigating Raymond James' Financial Services unit and the conduct of a former financial adviser based in its Rhode Island office. The SEC also filed a civil suit against the adviser. Friday's filing didn't identify the financial adviser. Raymond James said in the documents that it is in talks with the SEC regarding this matter. But officials at the St. Petersburg, Fla., company declined to comment for this story. The company said in the filing that it doesn't believe that the outcome of the case will have a material effect on its financial condition or operations. 05/09/03 18:24 EDT

To: afrayem onigwecher who wrote (11615)	5/14/2003 2:09:41 PM
From: StockDung	Respond to of 19428

Gateway hit by criminal probe U.S. Attorney's office, which can bring criminal charges, joins SEC in looking into Gateway's books. May 14, 2003: 11:24 AM EDT NEW YORK (Reuters) - Gateway Inc. said Wednesday the U.S. Attorney's office had opened an investigation into the personal computer maker's accounting, which is already the subject of a probe by the Securities and Exchange Commission. The Poway, Calif.-based computer maker said in a regulatory filing that the probe is related to the same time period and subject matter as the previously disclosed SEC investigation, which began in Dec. 2000. Gateway has provided the SEC with information related to its fiscal year 2000. It also said it voluntarily restated results for 2000 and 2001. Shares of Gateway (GTW: down $0.17 to $3.02, Research, Estimates) sank about 5 percent in Wednesday morning trading. --------------------------------------------------------------------------------

To: afrayem onigwecher who wrote (11615)	5/14/2003 3:29:07 PM
From: StockDung	Read Replies (1) \| Respond to of 19428

Marcos ‘son’ gets 12 years for gold scam NEW YORK–A swindler posing as former Philippine president Ferdinand Marcos’s son has been sentenced to more than 12 years in prison for running a phony gold certificate scheme that cheated victims out of some $80 million. Edilberto del Carmen, 41, a Filipino who had lived in California, Manhattan and Hong Kong, was sentenced to a prison term of 12 years and 7 months on Monday, prosecutors said on Tuesday. He had pleaded guilty shortly after his trial began in Manhattan federal court in September. At the time, he claimed to be 60 years old, but prosecutors said that was also untrue. Using his Marcos alias, del Carmen claimed that as the late dictator’s first-born son he inherited a large fortune, supposedly including billions of dollars in gold and over $5 trillion in US notes. Ferdinand Marcos died in exile in Hawaii in 1989, more than three years after he was driven from his homeland. Del Carmen, who said his funds were tied up in gold certificates, ran up more than $500,000 in debt, including a $200,000 bill at Hong Kong’s Hyatt Regency, where he had lived in the Presidential Suite. He gave a bogus gold certificate, purportedly issued by the Union Bank of Switzerland, as collateral for his outstanding debt. The certificate said del Carmen owned about 3,500 metric tons of gold. In April 2000 del Carmen met an undercover agent posing as a broker seeking assets for a Wall Street brokerage firm. During one meeting, del Carmen showed the agent a pair of gold dog tags he claimed gave him access to the Swiss bank’s vault, which housed the gold he supposedly owned. Prosecutors said that among problems with del Carmen’s claims, one stood out. The bank vault was incapable of housing that much gold because its floor would collapse under such heavy weight. -- Reuters

To: afrayem onigwecher who wrote (11615)	5/15/2003 11:13:25 AM
From: StockDung	Read Replies (1) \| Respond to of 19428

Australia warns of SARS fax survey scam SYDNEY, May 15 (Reuters) - Australian authorities have warned people not to fall for a faxed survey asking how the SARS virus has affected their travel plans as the questionnaire is just a costly scam. Consumer protection officials in Western Australia state said on Thursday the survey claimed to be from the tourism industry. But anyone who filled it in and sent it back to the 190-prefixed fax number would end up paying A$4.95 ($3.20) a minute. "190 fax services are notoriously slow and we have had reports of people receiving an account for A$100 for a single fax message when they answered one of these surveys," consumer protection commissioner Patrick Walker said in a public bulletin. The survey, titled "Australia Needs Your Help -- SARS Research Questionnaire," asks if people have changed their travel plans, whether they are confused by media reports about the virus and "do you think the SARS virus could be deliberately manmade?" Severe Acute Respiratory Syndrome (SARS) first emerged in southern China late last year and has since killed nearly 600 people and infected more than 7,500 in 30 countries. It has ravaged Asia's travel industry. Australia, famed for its beaches, the Great Barrier Reef and outback, is also taking a severe knock as tourists delay their travel plans. Australia has reported six probable SARS cases. ($-A$1.54) 05/14/03 23:11 ET