Ex-Wall Street Banker Sentenced in Federal Obstruction Case
116239
rank P. Quattrone, the Wall Street banker whose pay and deals made him a vivid symbol of the 1990&#39;s technology boom, was sentenced to 18 months in prison yesterday for obstructing a government
665563
A former executive with Computer Associates who pleaded guilty to securities fraud was sentenced to seven months in prison and seven months of home detention.
655709
TOPEKA, Kan., Feb. 5  â A federal judge on Monday sentenced the former chief executive of Westar Energy, David C. Wittig, to 24 months in prison for bank fraud, cutting his sentence by more than half.
615905
A former UBS PaineWebber systems administrator was sentenced Wednesday to eight years and one month in prison for attempting to profit by detonating a "logic bomb" program that prosecutors said caused millions of dollars in damage to the brokerage's computer network in 2002.
203084
The former chief operating officer of Enron Corp.'s broadband Internet division, Kevin Hannon, was sentenced to 2 years in federal prison for his role in the fraud that led to the giant energy company's collapse, a court official said on Monday.
406606
The big news on the investment crime front last week was the 18-month prison sentence dealt out to convicted felon Frank Quattrone, formerly a star investment banker at Credit Suisse First Boston, for obstruction of justice.
11405
Frank Quattrone, whose deal making made him an investment banking star during the Internet stock bubble and a multimillionaire, was sentenced yesterday to 18 months in prison for obstructing justice.
11396
Frank P. Quattrone, a leading investment banker of the 1990's, was sentenced to 18 months in prison for obstruction of justice.
376087
The former chief executive of Brocade Communications Systems Inc. was sentenced on Wednesday to 21 months in prison for orchestrating a scheme to tamper with financial records of stock options the company offered.
805
Frank Quattrone, the most prominent investment banker of the 1990s technology boom, was yesterday sentenced to 18 months in prison for obstructing an investigation into the allocation of hot stock offerings during the bull market.
347641
A prominent former banker was convicted on Sunday in a $2.2 billion fraud case that drove the Caribbean nation into an economic tailspin four years ago.
588294
A former Goldman Sachs associate accused of being the mastermind behind a complex insider-trading scheme pleaded guilty on Tuesday.
144912
The former White House aide, now facing 30 months in prison, was a victim of the quirks of federal sentencing guidelines
541994
Former investment banker Frank Quattrone was sentenced on Wednesday to 18 months in prison, two months more than the harshest recommended penalty, for obstructing probes into suspected kickbacks involving some of the hottest stock offerings of the 1990s.
293056
U.S. prosecutors charged a former Pakistani banker with securities fraud on Tuesday, saying he made nearly $8 million in illegal profits after getting insider information on pending merger deals from a former Credit Suisse investment banker.
452555
(InfoWorld) - Kenneth Rice, former CEO of Enron Broadband Services (EBS), has been sentenced to 27 months in prison on securities fraud charges and ordered to turn over about $15 million, the U.S. Department of Justice announced Monday. The $15 million will go to victims of the fraud at Enron, the Texas energy company that filed for bankruptcy in December 2001 before investigations revealed widespread accounting fraud. Rice and others at EBS, a unit of Enron, made a series of false statements about the products and business performance in order to mislead investors about the success of the company and inflate the price of Enron's stock, the DOJ said in a press release. Rice was sentenced Monday by Judge Vanessa Gilmore at U.S. District Court for the Southern District of Texas in Houston. Rice pleaded guilty in July 2004 to a securities fraud charge and cooperated with the DOJ's investigation into the collapse of Enron. While serving as CEO at EBS, Rice conspired with others to make false statements about the company's development of various software capabilities and its fiber-optic network, the DOJ said. Rice falsely portrayed EBS as a commercial and business success and falsely claimed that network control software developed by EBS was "up and running," when in fact the software had not progressed beyond the internal development stage. These misrepresentations, including a failure to disclose to the investing public that the company stood to sustain operating losses in 2001, contributed to a sharp rise in Enron's stock price, the DOJ said. EBS entered a number of partnerships before Enron's collapse. In July 2000, Blockbuster announced that it struck an exclusive 20-year partnership with EBS to deliver video on demand by early 2001. Blockbuster began testing the service in February 2001. Kevin Hannon, the former COO at EBS, was sentenced by Gilmore earlier this month to two years in prison, and fined $125,000. Hannon pleaded guilty in August 2004 to conspiracy to commit securities fraud and wire fraud. To date, the federal Enron Task Force has brought criminal charges against 36 defendants, including 25 former Enron employees. Eighteen of those defendants have pleaded guilty or been found guilty after trial. The task force has seized more than $100 million in Enron cases.
441550
A former executive at Computer Associates was sentenced Monday after pleading guilty to conspiracy charges in connection with a scheme to artificially bolster the companyâs quarterly revenue.