Former HeadSpin CEO Manish Lachwani admitted he presented false revenue information to investors, from whom the company raised more than $100 million.
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Annie Corbett, the owner of Corbett Homes, pleaded guilty and was sentenced Wednesday to spend 12 months and a day in prison for wire fraud and failure to pay employment taxes.
Corbett pleaded guilty to the charges on Sept.15. She was the owner, CEO and president of Corbett Group Homes, Inc.
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