In Pictures: Hard time, 10 Tech CEOs sent to the slammer

A sampling of famous and not-so-famous tech execs who ran afoul of the law

Paul Johnston, Entellium

Intuit offered $100 million to buy CRM software startup Entellium , but CEO Paul Johnston turned it down, perhaps because the company’s books couldn’t withstand the scrutiny of a due-diligence audit, according to the prosecutor in the case. Johnston pleaded guilty in 2009 and was sentenced to three years in a California federal prison for falsifying revenue figures to attract $50 million in investments. At his sentencing, he admitted his guilt, apologized to those he bilked and said he’d been driven by a fear of failure. He’s served his time and been deported. Entellium declared bankruptcy and Intuit bought some of its assets at a bargain price.

7 of 11
VIEW ALL THUMBNAILS

Best Deals on PCWorld

Networking, Wireless & VoIPView all »
NotebooksView all »
TabletsView all »
Mobile PhonesView all »
Printers & ScannersView all »

rhs_login_lockSign up to PC World Today for the latest news, reviews and galleries from PC World Australia.