Third Peregrine exec guilty of fraud
The former vice-president of sales at US software maker Peregrine has pled guilty to conspiracy to commit securities fraud as a federal investigation continues.
The former vice-president of sales at US software maker Peregrine has pled guilty to conspiracy to commit securities fraud as a federal investigation continues.
Link: Peregrine defends $1bn Andersen action
Steven S. Spitzer, 44, entered the plea in San Diego yesterday and agreed to help investigators ? he faces the possibility of a five year prison sentence, according to reports.
Spitzer apologised for his actions through his attorneys and said he had made ‘some very poor decisions’.
Between December 1999 and March 2001 Spitzer generated $20m in phantom sales.
In April this year, former CFO, Matthew C. Gless, pled guilty to conspiracy to commit securities fraud and faces a prison term of up to 15 years, while last year a former Peregrine treasurer pled guilty to banking fraud.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article