Former McKesson CEO and Board Chairman Convicted of Fraud

Courtesy Health Care Renewal  Mon, 11/23/2009 - 16:26

Continuing with our annals of health care crime, Bloomberg.com reported a new verdict on a very old case:

Former McKesson Corp.

Chairman Charles McCall was convicted in a second trial of participating in a fraud 10 years ago that cost investors $8.6 billion, one of the largest white-collar crimes at the time.

A federal jury in San Francisco yesterday found McCall guilty of five of six counts of securities fraud and circumventing accounting rules ....


 

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