Ex-IT Firm CFO To Pay $1.6M In SEC Judgment Over Fraud

Published: 19/06/2018
Ex-IT Firm CFO To Pay $1.6M In SEC Judgment Over Fraud
Source: WWW.LAW360.COM

A former executive at an Illinois information technology company has agreed to pay more than $1.6 million to resolve the U.S. Securities and Exchange Commission’s claims he embezzled millions and filed false financial disclosures to cover it up, the commission said in a court filing Tuesday.

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