Coward Spammer Breaks From Prison And Kills His Family And Thankfully HimselfJuly 28th, 2008 Only four days after escaping from a federal minimum-security prison in Florence, Colorado "Spam King" Eddie Davidson, 35, killed his wife, baby daughter and finally himself. Davidson shot and killed his wife in her former home in Bennett, Colorado along with his three-year-old daughter.
SEBI team reaches jail to question RajusFebruary 3rd, 2009 HYDERABAD - A team of officials from the Securities and Exchange Board of India (SEBI) reached the Chanchalguda Central Jail here Wednesday to begin questioning Satyam Computer Services founder B. Ramalinga Raju and his brother B.
Satyam's Raju spent first night in jail like ordinary prisonerJanuary 10th, 2009 HYDERABAD - Once in the list of the richest Indians, disgraced founder and former chairman of Satyam Computers B. Ramalinga Raju and his brother B.
Swedish software company buys Pirate Bay filesharing site for $7.8 millionJune 30th, 2009 Swedish software firm buys Pirate BaySTOCKHOLM — A small Swedish software firm announced Tuesday it has purchased The Pirate Bay, the popular filesharing Web site, for 60 million kronor ($7.8 million). Global Gaming Factory X said the deal would include rights to use the Pirate Bay domain name and accompanying Web sites.
Regulator continues probe into Satyam fraudJanuary 8th, 2009 HYDERABAD - Special teams of Securities and Exchange Board of India (SEBI) Friday continued their probe for the second day into the Rs.70-billion Satyam fraud. A three-member SEBI team headed by its southern regional manager A.
Regulator gives Raju 24 hours for Satyam probe hearingJanuary 8th, 2009 HYDERABAD - Market regulator Securities Exchange Board of India (SEBI) Friday granted 24 hours to B. Ramalinga Raju, the disgraced former chairman of Satyam Computer Services, to appear before it for a hearing into the Rs.70-billion (Rs.7,000-crore) fraud he admitted the company has committed.
New Satyam CEO to be selected by FridayJanuary 21st, 2009 BANGALORE - The Satyam board will decide on the new chief executive officer (CEO) and chief financial officer (CFO) at its meeting in Hyderabad, industry and commerce minister Ashwani Kumar said here Thursday. 'The new board is meeting in Hyderabad today (Thursday) and tomorrow (Friday).
Ramalinga Raju in Hyderabad, claims lawyerJanuary 7th, 2009 HYDERABAD - Satyam Computer founder-chairman B. Ramalinga Raju, whose whereabouts are not known after his shocking admission of massive financial fraud, is in the city and has no intention to avoid the process of law, his lawyer claimed Thursday even as a top company official said they did not rule out filing a criminal case against him.
Andhra Pradesh police begin probe into Satyam fraudJanuary 8th, 2009 HYDERABAD - The crime branch of the Andhra Pradesh police Friday began probe into the Rs.70-billion accounting fraud in the city-based IT service firm Satyam Computer Services, even as the market regulator continued its probe for the second consecutive day and summoned before it the company's former chairman. The Criminal Investigation Department's (CB-CID) team checked records at Satyam's headquarters here and spoke to associates of disgraced former chairman B.
Infosys techie robbed, suffocated to death in BangaloreMarch 2nd, 2009 BANGALORE - Umesh Krishnan, a 27-year techie employed with IT bellwether Infosys Technologies, was robbed and suffocated to death early Monday by a gang of four suspected dacoits at his house in the city's eastern suburb, the police said. 'The incident happened in the wee hours when Krishnan was attacked by the gang, which barged into his house and gagged his mouth and nose with cello tape,' city joint commissioner Alok Kumar told IANS.
Ramalinga Raju in Hyderabad, claims his lawyerJanuary 7th, 2009 HYDERABAD - Beleaguered former Satyam Computer founder-chairman B. Ramalinga Raju is in this city and has no intention to avoid the process of law, his lawyer S.
No impact of World Bank ban on business, says MegasoftJanuary 11th, 2009 CHENNAI/HYDERABAD - Indian technology firm Megasoft Ltd Monday said there would be no financial impact on its operations from the World Bank decision to debar it from outsourcing services. The list of Indian software companies debarred by the World Bank from transacting any business on the grounds of unfair practices now includes Wipro and Megasoft, besides the tainted Satyam Computer Services.
Government not to intervene in Satyam: MinisterJanuary 14th, 2009 NEW DELHI - The government will not intervene in the functioning of Satyam Computer Services, Minister of State for Industrial Policy and Promotion Ashwini Kumar said here Thursday. Beleaguered Satyam's former chairman B.
Regulator resumes questioning Ramalinga RajuFebruary 4th, 2009 HYDERABAD - The market regulator Thursday resumed questioning the disgraced Satyam Computer Services founder B. Ramalinga Raju in Chanchalguda Central Jail here over the Rs.70-billion (Rs.7,000-crore/$1.43 billion) accounting fraud at the IT bellwether.
Market regulator grills Raju brothers in jailFebruary 3rd, 2009 HYDERABAD - India's market regulator Wednesday grilled Satyam Computer Services founder B. Ramalinga Raju and his brother B.
Sanjay Kumar, former CEO of Computer Associates had pleaded guilty to charges including conspiracy, securities fraud and obstruction of justice back in April. He has been sentenced to 12 years and fined $8 million.
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