Third former Computer Associates exec pleads guilty in revenue-swapping scandal

[JURIST] Former Computer Associates [corporate website] senior vice president Thomas Bennett pleaded guilty Wednesday to charges of obstruction of justice for his role in the company’s revenue-swapping of $2.2 billion with another company in 1999 and 2000. Bennett, who faces up to five years’ imprisonment and a fine of up to $250,000, is the third CA executive to plead guilty in the scandal. Ex-CEO Sanjay Kumar pleaded guilty to several charges [JURIST report] in April, along with former sales chief Stephen Richards, who initially pleaded not guilty [JURIST report].

Bennett will be sentenced on October 12, while Kumar and Richards are scheduled to be sentenced on September 12. CNET News has more.

 

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