UN agency ramps up food assistance to flood-affected Pakistanis
SAN FRANCISCO—Stephen Durland, the
former CFO of Pegasus Wireless Corporation, a wireless
technology company based in Fremont, Calif., was sentenced yesterday to 33
months in prison for his role in a complex scheme to defraud in which approximately a half a billion shares of company stock were
issued under false pretenses, United States Attorney Melinda Haag announced.
Durland, 57, of Greensboro, N.C., pleaded
guilty on March 18, 2011, to one count each of conspiracy to
commit securities frau ....
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