As Fraud Case Unravels, Executive Is At Large

As Fraud Case Unravels, Executive Is At Large
By Jane Spencer and Kara Scannell

On a March afternoon in 2003, Henry C. Yuen, the former chief executive of Gemstar-TV Guide International Inc. sat alone in his Pasadena, Calif., office and installed a software program called Eraser 2003. According to his own testimony, he then deleted the contents of his hard drive, committing a crime with the potential to put him behind bars.

Mr. Yuen had reason to erase his tracks, federal regulators say. The Securities and Exchange Commission was zeroing in on Mr. Yuen as the primary player in a massive accounting fraud at Gemstar, the once highflying media and technology company he had …

For more see Wall Street Online Journal.

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One Response

  1. Is thislike Rosemary Woods removing 16 minutes of the Nixon Watergate tapes in 1974? Can inadvertence be claimed as a defense?

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