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Feds Want 'Bond Villain' Sentence For Ex-Autonomy Exec

Law360 (May 2, 2019, 4:20 PM EDT) -- Federal prosecutors told a San Francisco judge Wednesday that a former executive of British software company Autonomy carried out accounting fraud with the attitude of a "James Bond villain or a Mafioso," and asked the judge for an above-guidelines sentence of 12 years plus more than $1.7 billion in penalties.

Former Autonomy Corp. Chief Financial Officer Sushovan Hussain is due to be sentenced May 13 for his role in inflating the company's books before Hewlett-Packard acquired it for $11.7 billion in 2011.

Instead of deciding how much HP lost in the sale because of Hussain's fraud, U.S. District Court Judge Charles...

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California Northern

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November 10, 2016

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