News

Former CA CEO Gets 12 Years

Ex-CEO of Computer Associates sentenced to 12 years in prison in accounting fraud.

(New York) The former chief executive of Computer Associates International Inc. was sentenced to 12 years in prison and fined $8 million on Thursday for hir role in a massive accounting fraud scandal at software company.

Sanjay Kumar, 44, had faced up to 20 years behind bars after pleading guilty in April to obstruction of justice and securities fraud charges at the company, which since has become known as CA Inc.

Prosecutor Eric Komitee said Kumar deserved severe punishment as the architect of an elaborate coverup that was "the most brazen in the modern era of corporate crime."

"I know that I was wrong and there was no excuse for my conduct," Kumar, who is also a co-owner of the New York Islanders hockey team, told the judge at his sentencing.

Featured

  • Motherboard Image

    Darktrace Deal To Bring AI Security to Microsoft Products

    Microsoft and security solutions firm Darktrace plan to integrate the latter's AI products with Microsoft Azure, Azure Sentinel and Microsoft Defender for Endpoint.

  • 2021 Microsoft Conference Calendar: For Partners, IT Pros and Developers

    Here's your guide to all the IT training sessions, partner meet-ups and annual Microsoft conferences you won't want to miss.

  • Microsoft Updates Azure Icon, Plans Default Font Change

    Microsoft recently announced a few planned design changes, including a new Azure icon.

  • The 2021 Microsoft Product Roadmap

    From Windows 10X to the next generation of Microsoft's application server products, here are the product milestones coming down the pipeline in 2021.