Two former publishing executives pleaded guilty Friday to fraud and money laundering, acknowledging their involvement in what the Manhattan District Attorney’s Office described as a $35 million scheme of fraudulent loans.
Etienne Uzac, a former co-owner of Newsweek magazine through the company IBT Media, and William Anderson, a former chief executive of Christian Media Corp. and former trustee of Olivet University, are scheduled for sentencing in April.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]