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09-22-2005, 02:26 PM #1
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2 Tyco officials get up to 25 years for fraud
i think its funny,those greedy idiots with the 36,000$$$ umbrella holders are gonna do 15 years in Addica.ouch!
amsterdam Reviewed by amsterdam on . 2 Tyco officials get up to 25 years for fraud Well it's about damn time! Crooked CEOs beware!!! NEW YORK L.Dennis Kozlowski, the chief executive whose extravagant spending and pay packages at Tyco International became notorious examples of corporate excess, was sentenced Monday to up to 25 years in state prison for stealing from his company and deceiving shareholders. Mark Swartz, Tyco's former chief financial officer, received the same sentence - eight and one-third to 25 years - for his role in the fraud. Judge Michael Obus Rating: 5
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