Ex-Tyco Director Pleads Guilty to Felony
Ex-Tyco Director Pleaded Guilty To Fraud. A former director of Tyco International has paid $22.5 million in restitution and fines after pleading guilty to securities fraud by arranging a Tyco acquisition and failing to tell fellow board members about his payment from the deal. Frank E. Walsh Jr., 61, avoided jail time Tuesday in a … [Read more...] about Ex-Tyco Director Pleads Guilty to Felony
Ex-Tyco Director Walsh Pleads Guilty to Fraud
Ex-Tyco Director Pleaded Guilty To Fraud. Former Tyco International Ltd. board member Frank E. Walsh pleaded guilty to felony fraud charges today and agreed to pay $22.5 million to settle allegations that he took an improper $20 million payment related to Tyco's 2001 acquisition of CIT Group Inc. Walsh, 61, resigned from Tyco in … [Read more...] about Ex-Tyco Director Walsh Pleads Guilty to Fraud
