Former Torex CEO Charged In Fraud Case

Law360, New York (May 9, 2011, 2:22 PM EDT) -- The ex-chairman and CEO of Torex Retail PLC was charged Monday with conspiracy to defraud and false accounting in connection with the 2007 collapse of the software company.

Christopher Edward Moore, who led Torex until September 2006, is the sixth Torex executive charged by the U.K. Serious Fraud Office — which prosecutes white collar crime — during its investigation of the company’s downfall.

In January, the Oxford Crown Court convicted Edwin Dayan and Christopher Ford, who were directors at Torex subsidiary XN Checkout Ltd., of defrauding...
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