Thursday, November 02, 2006

Former Software Executive Receives 12-Year Sentence

NEW YORK (AP) -- The former chief executive of Computer Associates International Inc. was sentenced to 12 years in prison and fined $8 million on Thursday in a massive accounting fraud scandal at one of the world's largest software companies.
Sanjay Kumar, 44, had pleaded guilty in April to obstruction of justice and securities fraud charges at the company, which since has become known as CA Inc.
Under federal sentencing guidelines, Kumar could have faced life in prison but the judge called that punishment unreasonable.

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