TELECOM Digest OnLine - Sorted: Former Charter CEO Pleads Guilty to Fraud


Former Charter CEO Pleads Guilty to Fraud


Monty Solomon (monty@roscom.com)
Fri, 17 Dec 2004 10:55:22 -0500

By JIM SALTER AP Business Writer

ST. LOUIS (AP) -- The former chief operating officer of cable
television company Charter Communications Inc. pleaded guilty Thursday
to a federal charge that he conspired to defraud investors by
inflating subscriber numbers, U.S. Attorney James Martin said.

David Barford, 46, of Chesterfield, faces sentencing March 11 for
conspiracy to commit wire fraud. He could face up to five years in
prison and a fine of $250,000, but has agreed to testify in the trial
of two other former executives, Martin said.

As part of the plea agreement, 13 other counts were dismissed, Martin
said.

- http://finance.lycos.com/home/news/story.asp?story=45695431

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