Wednesday, March 14, 2012

Some other famous white-collar crimes

Some other high-profile white-collar crimes in recent years:

_ Sam Waksal, ImClone Systems founder, sentenced to seven years in prison in 2003 in insider trading scandal involving ImClone drug Erbitux.

_ Kenneth Lay, founder of Enron Corp., convicted of fraud, conspiracy and lying to banks in May 2006. Conviction vacated later that year after his death.

_ Jeffrey Skilling, Enron's former chief executive, sentenced in October 2006 to more than 24 years in prison role in company's collapse.

_ Andrew Fastow, Enron's former CFO, pleaded guilty to conspiracy in 2004 and sentenced to six years.

_ Joseph Nacchio, former Qwest CEO, …

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