A San Francisco jury found former McAfee Chief Financial Officer Prabhat Goyal guilty Thursday of fudging accounting to hide losses and pump up the company's revenue figures from 1998 through January 2001. Prosecutors argued that as a result of Goyal's actions, McAfee Inc., then known as Network Associates, improperly recorded more than $470 million in revenue and understated its losses by more than $330 million.
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Calif. Jury Convicts Former McAfee Executive
The Recorder
May 11, 2007
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