Welcome to the latest edition of the Carnival of Fraud, the place that highlights posts on frauds, scams and misdeeds from around the world.

• Another winning post from Wenchypoo! She enlightens us on how the ideals of the liberals could mean disaster for our country. The ideals sound wonderful, but many fail to consider the realities of them. Fantastic post!
• Read about one of the real winners in the Enron trial, the Federal prosecutor.
• An employee at Kaiser Permanente sent a mass email to company employees, criticizing some of the company’s initiatives. Needless to say, he’s in trouble.
• Trusted Advisor Associates presents an interesting discussion on the “options backdating scandals”, primarily as it relates to ethics and integrity.
• Read a brief commentary on one of the many ways Sarbanes-Oxley falls short.
• And finally, I provide the Top Ten Ways to Prevent Employee Theft. These are basic pieces of advice that can apply to any company, and can help them begin to develop policies and procedures that prevent fraud.