Former Qwest Execs Indicted For Fraud

from the we-book-revenue--when-we-want,-and-how-we-want dept

It appears that we're not done shaking out the corporate scams just yet. The latest news is that four former Qwest executives have been indicted for fraud. They allegedly cooked up a scheme to "create" $33 million in revenue by improperly recording purchase orders. Qwest has had the reputation of having some questionable business practices, so I imagine this isn't a huge surprise.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  • identicon
    Chris, 25 Feb 2003 @ 1:35pm

    No Subject Given

    I worked at Qwest for a year. These guys are lackeys. I'm sure the real purpose of these indictments is to "encourage" these 4 to sing like canaries that Joe Nacchio knew about and endorsed these efforts.

    link to this | view in chronology ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.