Fair 77°
Tag:

Edward DiMaria

News
Ex-CFO From Area Sentenced, Ordered To Pay $21M Accounting Fraud Ex-CFO From Area Sentenced, Ordered To Pay $21M Accounting Fraud
Ex-cfo From Area Sentenced, Ordered To Pay $21M Accounting Fraud A former chief financial officer of Bankrate Inc. who lived in Fairfield County was given a “significant” prison sentence for accounting and securities fraud and must pay back more than $20 million. Monroe resident Edward DiMaria was sentenced to 10 years prison followed by three years of supervised release after pleading guilty in June to conspiracy to make false statements about a public company; falsifying a public company’s books, records and accounts; securities fraud and making false statements to the SEC. DiMaria must also pay $21.23 million in restitution. According to prosecutors, …

SHARE

by Zak Failla