Authorities Search For woman In Securities Fraud Case

Federal authorities continue to search Saturday for a woman convicted of securities fraud in a case likened to the Enron and WorldCom scandals who failed to wear an electronic monitoring device ordered by the court.

Rebecca Parrett, a former vice chairwoman of National Century Financial Enterprises in suburban Columbus, was supposed to be confined to her home in Arizona until sentencing.

Assistant U.S. Attorney Douglas Squires said Friday that Parrett was not wearing the monitoring device. She failed to report to authorities and a warrant was issued for her arrest.