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Kumar Pleads Guilty in CA Fraud

Sanjay Kumar, former CEO of Computer Associates, pleads guilty to orchestrating a $2.2 billion accounting fraud.

> > The plea before U.S. District Judge I. Leo Glasser, in federal court in Brooklyn, came just two weeks before Kumar and former sales executive Stephen Richards were scheduled to stand trail. (Former CFO Ira Zar and two other finance executives pled guilty to obstruction of justice charges in 2004.)
Source: CFO


Published:2006-04-26
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