Broadcom co-founder facing drug and securities charges
source: http://news.yahoo.com/s/ap/20080605/ap_on_hi_te/broadcom_indictment;_ylt=ApbTFFRfQtqiTWS4GnW...
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SANTA ANA, Calif. - Broadcom Corp. co-founder Henry T. Nicholas III was indicted Thursday on fraud, conspiracy and drug charges — including allegations he spiked the drinks of technology executives and customer representatives with ecstasy and maintained a warehouse for ecstasy, cocaine and methamphetamine.
The charges were contained in two indictments unsealed by federal authorities.
One details the drug accusations and the other charges Nicholas with violations related to improperly accounting for backdating stock options while he led the computer and cell phone chip maker.
That indictment also names Broadcom's former chief financial officer, William J. Ruehle, who faces conspiracy, securities fraud and other charges. He is not charged with drug violations.
Thom Mrozek, spokesman for the U.S. Attorney's office, said Nicholas was in custody after turning himself in to FBI agents in Santa Ana.
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Damn, I knew I had to watch my drinks at bars and clubs, but apparently at the Broadcom office too. Yikes!
The charges were contained in two indictments unsealed by federal authorities.
One details the drug accusations and the other charges Nicholas with violations related to improperly accounting for backdating stock options while he led the computer and cell phone chip maker.
That indictment also names Broadcom's former chief financial officer, William J. Ruehle, who faces conspiracy, securities fraud and other charges. He is not charged with drug violations.
Thom Mrozek, spokesman for the U.S. Attorney's office, said Nicholas was in custody after turning himself in to FBI agents in Santa Ana.
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Damn, I knew I had to watch my drinks at bars and clubs, but apparently at the Broadcom office too. Yikes!
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IVXX_TOON
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im in Santa Ana...... spike my drink
- 3 years ago
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IVXX_TOON
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Purdey
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Crikey, get everyone all loved up in the board room and signing off any coporate shenanigan you fancy.
- 3 years ago
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Purdey
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