FORMER INFORMIX VP INDICTED ON FEDERAL FRAUD CHARGES

Posted at October 06, 2000 04:52 PM Pacific A FORMER EUROPEAN sales executive at Informix Software has been indicted by a federal grand jury in California on fraud charges after he allegedly inflated his division's income and revenue figures from 1994 to 1996. Former Informix Vice President Walter Konigseder was charged Thursday in an 11-count indictment announced by the U.S. Attorney's Office in San Francisco. Konigseder is charged with wire fraud and criminal securities violations for allegedly participating in or approving several "sham sales transactions" recorded in the company's Central and Eastern European regions, where he was in charge, according to the indictment. For the full story: http://www.infoworld.com/articles/hn/xml/00/10/06/001006hnindict.xml?1009mnpm