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Former Qwest CEO reqwesting only a short prison stint

By Douglas A. Berman

As detailed in this Denver Post article, which is headlined "Nacchio attorneys argue for short prison term," a high-profile white-collar offender is asking for a low-level sentence. Here are the details: Attorneys for imprisoned former Qwest chief executive Joe Nacchio argue in a new court filing that his six-year sentence for illegal insider trading should be reduced to as little as six months. A federal appeals court last year mandated a re-sentencing, ruling that the trial judge miscalculated when he ordered Nacchio to serve six years in prison and forfeit $52 million in ill-gotten gains and pay $19 million in fines. Prosecutors argue that Nacchio's prison term should range from five years and three months to six years and six months...continue to full post

Full post as published by Sentencing Law and Policy on January 14, 2010 (boomark / email).