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Former Buca CEO Cops Guilty Plea

Law360 (June 21, 2006, 12:00 AM EDT) -- The former chief executive of Italian restaurant chain Buca Inc. has pled guilty to criminal fraud charges, becoming one of the first CEOs nationwide to be convicted of falsely certifying a company’s financial documents.

Joseph Micatrotto entered a guilty plea on Tuesday in U.S. District Court in St. Paul, Minn., agreeing to pay a $250,000 criminal fine and $65,000 plus interest back to the company he stands accused of looting.

The tarnished executive admitted in court this week that he inflated an invoice from technology vendor...
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