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back to article SEC charges eight ex-AOL TW execs with civil fraud

For two years, between 2000 and 2002, AOL execs cooked the books, bigtime. They inflated revenues by more than $1bn, through artificial barter deals, by booking one-time gains as advertising income, and by booking the entire gross amount of advertising contracts instead of just the commission element. The Washington Post …

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  1. Kanhef
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    Nice

    Good to see they're going after the guys at the top, not scapegoating some pencil-pusher in Accounting.

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  2. Slaine

    Something very wierd is happening

    I can't fathom this out. For some inexplicable reason the criminals are being pursued through the court system, prosecuted and fined at punitive levels. Whatever next?

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