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Axium Trustee Sues Former Execs Over Huge Losses

By Jessica Dye (April 6, 2009, 12:00 AM EDT) -- The bankruptcy trustee of Axium International Inc. has filed a suit against two former executives of the entertainment payroll processing company, accusing them of using Axium accounts to finance personal spending sprees while allowing underqualified tax consultants to underpay an estimated $100 million in taxes....

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