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Prison Door Clangs Shut Behind Kumar

Former CA CEO Sanjay Kumar, 45, started his 12-year prison sentence Tuesday in Fairton, New Jersey
By WebLogic News Desk
Article Rating:
August 27, 2007 07:45 PM EDT
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 8,521

Former CA CEO Sanjay Kumar, 45, started his 12-year prison sentence Tuesday at a minimum-security federal pen in Fairton, New Jersey. Sentenced in November he's been out this long selling off personal possessions to pay a $52 million installment on the $798 million in stockholder restitution the court ordered him to pay. Of course nobody supposes it will ever get paid off. His lawyers are going to try appealing his prison sentence.


Published August 27, 2007 – Reads 8,521
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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