Ex Indian-American executive sentenced to 11 years
Thursday, 18 November 2010, 20:11 IST
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Ex Indian-American executive sentenced to 11 years
Hoston: A former Indian-American executive of Koss Corporation was today sentenced to 11 years in prison for embezzling $34 million from the Milwaukee headphones maker. Sujata "Sue" Sachdeva, the company's former Vice President of Finance, had pleaded guilty to using company funds to pay her personal bills. 47-year-old Sachdeva admitted running up expensive bills at Milwaukee-area companies. U.S. District Judge Lynn Adelman imposed the sentence after Sachdeva made a tearful statement - her first public comments since her arrest 11 months ago. Before being sentenced, Sachdeva apologised to her family, friends and former Koss colleagues. "I know you were deeply hurt by my dishonesty in ways I never imagined or intended. I have lost everything that is dear to me, my marriage, my children, my career, my home and my freedom," she said.
Source: PTI
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