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Criminal Law

: Federal Crimes Blog

David Brooks Indicted for Securities Fraud, Tax Fraud

By McNabb Associates

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David Brooks, a former chief executive of body armor maker DHB Industries Inc, faces criminal securities fraud charges; he was released on $400 million bail on Thursday, Jan 3.[1]DHB Industries is now known as Point Blank Solutions Inc PBSO.PK and has new management.[2] The U.S. Attorney's office in Brooklyn, which is prosecuting the case, has accused Brooks and former DHB Chief Operating Officer Sandra Hatfield of improperly altering the company's books to increase earnings and profit margins.[ read more

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Full post as published by Federal Crimes Blog on January 04, 2008 (boomark / email).

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