Scandal Monger

The HeraldJuly 04, 2005

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Summary


SO, life is scrummy for Richard Scrushy. The ex-chief executive of US healthcare company HealthSouth, walked free from 36 fraud charges alleging he had orchestrated a multi-billion dollar fraud.

The jurors in the case heard in Birmingham, Alabama, appeared to have accepted Scrushy's lawyers' argument that the fraud was masterminded in the company's finance department rather than in the chief executive's office.

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Extract


Scandal Monger

The verdict sent ripples around the American business community last week as the case involved the first prosecutions under the Sarbanes-Oxley Act a...

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