Richards, 41, a New Zealander and former head of worldwide sales at Computer
Associates, has been sentenced to seven years in jail for his role in the
company falsely reporting hundreds of millions of dollars in revenue.
Richards pled guilty to financial fraud charges in April and was sentenced
this week to 84 months in prison followed by three years’ supervised release.
Richards and Sanjay Kumar both pleaded guilty to securities fraud charges
including falsely reporting hundreds of millions of dollars in revenue before
licensing agreements were finalized to beef up quarterly financial results.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements