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: Securities Law Prof BlogFormer Refco CEO Says He's Sorry
By Securites Lawprof
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Philip Bennett, former CEO of failed commodities broker Refco, pleaded guilty to securities fraud weeks before his trial was set to start. The charges stem from a decade-long scheme to conceal the firm's true financial condition from the public. The...Full post as published by Securities Law Prof Blog on February 18, 2008 (boomark / email).
Lawsuits and Settlements
Refco
Ex-CEO Gets 16 Years
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