80°
Baton Rouge, Louisiana
3 Day Outlook
Thu
93°
73°
20%
Fri
93°
73°
10%
Sat
97°
74°
50%

Latest Weather Blog

Follow our weather team on social media

Ex-company officer charged with boosting books

5 years ago May 28, 2010 May 28, 2010 Friday, May 28 2010 Friday, May 28, 2010 4:29:14 AM CDT in News
Source: Associated Press
By: Andrea Fontenot

A former officer for a chain of orthodontic clinics has been charged with falsifying corporate records and lying to auditors.

Bart Palmisano Jr. was chief financial officer of Orthodontic Centers of America Inc., which was once headquartered in Metairie.

Prosecutors accuse him of artificially increasing the company's revenue and assets.

He also is charged with fabricating documents to back a concocted story when he was confronted about the books.

Palmisano faces up to 20 years in prison and a $5 million fine on each count.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days