Ex-Posterscope Finance Chief Cops To $20M Fraud

Law360, New York (June 1, 2012, 2:05 PM EDT) -- The former finance chief of outdoor advertising company and Aegis Group PLC unit Posterscope USA on Friday pled guilty in New York federal court to taking part in a five-year, $19.75 million accounting fraud scheme designed to boost his pay.

James Buckley, 48, copped to one count of wire fraud and one count of conspiracy to commit wire fraud, according to a plea agreement dated May 7 and signed Friday by Buckley and his attorney, Jennifer L. Brown. Prosecutors claim Buckley helped Posterscope cook its books to...
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