[JURIST] TV Azteca, Mexico's second largest broadcaster, said Wednesday that civil fraud charges announced against it and its top executives yesterday by the US Securities and Exchange Commission were false and alleged that the SEC was pursuing it to distract attention from its own failing in policing corporate fraud in the US. The SEC says the broadcaster, its chairman and two former directors conspired to conceal profits made on a debt transaction between an Azteca subsidiary and Canadian telecommunications company Nortel Networks. Read the SEC press release here. Reuters has more on the original charges; the Financial Times has more on TV Azteca's allegations.