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| _________::::___#339 - January 17, 2007________________ |
| #339 Updated: 1/16/07 8:24 p.m. Ex-CA Lawyer Gets Two Years Former chief counsel Steve Woghin pleaded guilty to conspiracy to commit securities fraud and obstruction of justice in the software company's $2.2 billion accounting scandal. JAPAN: Mainichi accountant held in embezzlement Former employee of newspaper publisher suspected of making withdrawals from company's accounts Yukos Suspect in Embezzlement Case Escapes in Moscow A Russian-born Spanish national accused of helping embezzle $13 billion from bankrupt oil company OAO Yukos Oil Co. escaped from his guards in Moscow. Feds seek 12 years for Ex-Cendant chair Former Cendant Corp. Chairman Walter Forbes should be sentenced to more than 12 years in prison and pay more than $3 billion in restitution for leading the largest accounting fraud of the 1990s, federal prosecutors said. ABQ businessman could get 33 years in jail An Albuquerque businessman faces up to 33 years in a state prison after the state reached a plea agreement with him on Tuesday on 11 counts of securities fraud and one count of racketeering. Refco's Grant Accused of Helping Defraud Investors The former president of Refco Inc., the bankrupt futures trading firm, was indicted for helping the company's chief executive hide hundreds of millions of dollars in losses in a 2004 leveraged buyout. |