Business Services Industry
Witness tampering issue raised in Peregrine Systems fraud case.
Knight Ridder/Tribune Business News, October, 2004
By Bruce V. Bigelow, The San Diego Union-Tribune Knight Ridder/Tribune Business News
Oct. 8--A federal prosecutor told a judge yesterday there was evidence of witness tampering in the accounting fraud case against eight former Peregrine Systems executives and three others who worked closely with the company.
Assistant U.S. Attorney Sanjay Bhandari raised the issue during an afternoon arraignment for the software industry executives. The hearing was held in a downtown San Diego courtroom before U.S. Magistrate James F. Stiven.
A federal grand jury indicted the 11 for their alleged roles in an accounting fraud conspiracy that brought the business software developer to the brink of a financial collapse in 2002. Once one of San Diego's...
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