First indictment in Qwest investigation

Om Malik, Saturday, September 25, 2004 at 7:09 AM PT Comments (0)

Thomas Hall, Former Qwest has pleaded guilty to a single misdemeanor count of falsifying documents, ending the first criminal case stemming from a federal investigation of the company. His cooperation resulted in prosecutors dropping three counts of wire fraud and one count of securities fraud. Hall will face up to a year in prison and a fine of up to $100,000. Sentencing was scheduled for Jan. 14, according to the Associated Press. Hall was “accused of participating in a scheme to improperly inflate Qwest revenue by $34 million when he was a senior vice president in the company’s global business unit. A jury deadlocked on a broader set of fraud charges against him in April after a seven-week trial.” He was one of the four vice-president level guys to be accused for falsely inflating the revenues of the Denver-based telephone company. Two of those executives - John Walker and Bryan Treadway - were acquitted and Grant Graham pleaded guilty to being an accessory after the fact to wire fraud, the Denver Business Journal adds. These are low level minions and the government is still looking to the big dogs of Qwest.

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