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Former AOL Time Warner Execs Charged With Inflating Online Ad Revenues
submitted by savio2791
Federal regulators on Monday said eight former executives of AOL Time Warner Inc. fraudulently inflated the company's online advertising revenues by more than $1 billion between 2000 and 2002. Four of the executives have agreed to settle the civil charges brought by the Securities and Exchange Commission by paying a total of roughly $8 million in fines and returning allegedly ill-gotten gains. The

 
Topic:Law




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