CFO.com also confirmed the charges of the 10 other ex-CFOs. Through news reports, court filings, press releases, and CFO.comвЂ™s own Website, 53 ex-CFOs on the DoJ list were confirmed as having been convicted of charges that included conspiracy insider trading money laundering racketeering embezzlement accessory to fraud and bank, mail, wire, and securities fraud.

Smith (it did not include Malcolm McVay, who also was convicted). The government list did include other ex-CFOs who were convicted or pleaded guilty in highly publicized trials, including Adelphia CommunicationsвЂ™s Timothy Rigas and four of the five former HealthSouth CFOs: Aaron Beam, Michael Martin, William T. In its July 18 announcement, the DoJ said it counted 214 chief executives, 23 corporate counsels or attorneys, and 128 vice presidents as having been convicted since July 2002, in addition to вЂњat least 53вЂќ CFOs. Although prosecutors expected to convict Doyle, who was cooperating with them as part of a plea agreement, his appearance on the list is a reminder that the government lost one of its biggest convictions when the death of EnronвЂ™s Kenneth Lay caused his record to be posthumously cleared. On its list, the government also included James Doyle, the former CFO of Mercury Finance, who died before being charged with a crime. The DoJ list actually contains more than 70 names, although research by CFO.com shows that a number of those listed were not officially CFOs of their companies some were company presidents, CEOs, or COOs. AttorneysвЂ™ offices around the country that had tried corporate fraud cases. The list provided by the DoJ was assembled by collecting cases from U.S. Likewise, Swartz was prosecuted by Manhattan District Attorney Robert M. AttorneyвЂ™s office, which is why they were not included on the list, according to the DoJ.

FastowвЂ™s and SullivanвЂ™s cases, for example, were handled by the fraud team of the U.S. The governmentвЂ™s list excludes the names of some well-known former finance chiefs who wound up in jail, including EnronвЂ™s Andrew Fastow, WorldComвЂ™s Scott Sullivan, Tyco InternationalвЂ™s Mark Swartz, and Rite-AidвЂ™s Frank Bergonzi. After recalculating to include other cases, CFO.com has confirmed another 10, bringing the total to 63 ex-CFOs who either pleaded guilty or were convicted by juries since July 9, 2002. The Department of Justice, which has said that at least 53 finance chiefs have been convicted in the five-year life of the PresidentвЂ™s Corporate Fraud Task Force, has provided CFO.com with a list of 53 people who either pleaded guilty or were found guilty.

Sarbanes oxley convictions