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Charges for Ex-CFO of Network Associates

Former chief financial officer Prabhat Goyal faces a 20-count criminal indictment and SEC civil charges.

> > Former Network Associates Inc. CFO Prabhat Goyal was indicted in San Francisco federal court for orchestrating a scheme to inflate the company sales and earnings from 1998 through 2000. In addition, the SEC filed civil fraud charges against Goyal for manipulating financial reports and insider trading.
Source: CFO


Published:2004-06-22
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