The former CEO of Computer Associates International Inc., Sanjay Kumar, was sentenced to 12 years in prison and was fined $8 million on Thursday for his role in a massive accounting fraud scandal at one of the world's largest software companies. Kumar pleaded guilty in April to obstruction of justice and securities fraud charges. Prosecutor Eric Komitee said Kumar deserved severe punishment as the architect of an elaborate cover-up that was "the most brazen in the modern era of corporate crime."
November 03, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The former chief executive of Computer Associates International Inc. was sentenced to 12 years in prison and was fined $8 million on Thursday for his role in a massive accounting fraud scandal at one of the world’s largest software companies.
Sanjay Kumar, 44, had faced up to 20 years behind bars after pleading guilty in April to obstruction of justice and securities fraud charges at the company, which since has been renamed CA Inc.
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