The Decision to Blow the Whistle on the Corporate Jet

The CFO was given the weekend to write a white paper trying to support these fraudulent entries, which he did. But ultimately, Arthur Anderson concluded that the entries were not in accordance with what's known as generally accepted accounting principles. In this particular case, five people pled guilty to fraud and the CFO received a five-year sentence. The CEO is the only one who went to trial and received a 25 year sentence,. So that's a huge gap in sentencing between the CEO and the Cfo.