Friday, June 17, 2005

BBC NEWS | Business | Tyco two guilty of stealing $150m

CEO fraud may decrease somewhat after this verdict!

BBC NEWS | Business | Tyco two guilty of stealing $150m

"Former Tyco chief executive Dennis Kozlowski and finance chief Mark Swartz have been found guilty of stealing over $150m (£82m) from the US manufacturer.

They used the cash to fund opulent lifestyles, splashing out on expensive jewellery, luxury apartments and giant $2m Mediterranean

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