Fraud, conspiracy, redux....more and more and more
Refco ex-CEO pleads not guilty - Yahoo! News: "Chief Executive Phillip Bennett pleaded not guilty on Friday to eight counts of conspiracy, fraud and other charges related to an accounting scandal that drove the futures brokerage into bankruptcy.
Bennett, 57, is accused of hiding hundreds of millions of dollars in bad debts from Refco investors as the New York-based company went public in August.
Refco was the largest U.S. independent futures and commodities brokerage before the scandal prompted customers to abandon the firm, forcing Refco to file for bankruptcy last month."