The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area. [More]
Got scoops? Comments? Send'em on, care of
4/07/2008
Suprema Big Cheese Gets 8 Years in Prison, $100 Million Fine
Suprema Big Cheese Gets 8 Years in Prison, $100 Million Fine
Horrible pun. I humbly apologize and suggest that you check out details on the sentencing of former Surpema Specialties (um... they make cheese) CFO, Steven Venechanos right here.
Venchanos resigned from Suprema back in 2002 when it became clear that an Enron style scandal was engulfing the company. He was convicted on thirty eight counts of assorted criminality last April, with an eight year sentence and a $115 million dollar fine handed down this week.
You can also take a look back at the SEC complaint naming Venchanos and several Suprema cohorts, if you're interested.
-- MDT
Venchanos resigned from Suprema back in 2002 when it became clear that an Enron style scandal was engulfing the company. He was convicted on thirty eight counts of assorted criminality last April, with an eight year sentence and a $115 million dollar fine handed down this week.
You can also take a look back at the SEC complaint naming Venchanos and several Suprema cohorts, if you're interested.
-- MDT
Labels: sentencing, Steven Venechanos, Suprema Specialites
Create a Link