Computer Associates is a large software company with almost $4 billion in revenue and about 16,000 employees.
Sanjay Kumar was the former chief executive of the company. He was sentenced to 12 years in federal prison yesterday over a small matter of $2.2 billion in accounting fraud. He was also fined $8 million.
Sanjay Kumar is 44 years old. He pled guilty to conspiracy, securities fraud, and obstruction of justice.
Assistant U.S. Attorney Eric Komitee told the judge that Kumar’s actions represented “the most brazen and comprehensive obstruction in the modern era of corporate crime.”