Thursday, December 4, 2008

Former Entellium CEO, finance chief may be near plea deal

Former Entellium CEO, finance chief may be near plea deal | Seattle Times Newspaper, Dec. 2, 2008:

Former Entellium executives Paul Johnston and Parrish Jones may be close to reaching a plea agreement with federal prosecutors on charges of falsely inflating company revenue to lure millions of dollars from investors.

The deal would allow the defendants to avoid trial and possibly obtain a shorter sentence in exchange for pleading guilty to one count of wire fraud, which is punishable by up to 20 years in prison and a $250,000 fine.
One of the defendants is represented by Jeffery Robinson, who is also a Trial Ad instructor.

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