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Former Qwest Communications executive Marc Weisberg pleaded guilty Wednesday to wire fraud and agreed to cooperate with federal prosecutors trying to convict other company officials of wrongdoing, including former Chief Executive Joseph Nacchio. Prosecutors said Weisberg, a former senior vice president who oversaw investments, mergers and acquisitions for Denver-based Qwest, improperly earned $2.9 million by demanding that vendors offer shares in other companies in return for doing business with Qwest.
December 29, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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