Walter A. Forbes Born: c. 1943
Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Business, Criminal Nationality: United States Executive summary: Deposed CEO of Cendant In 1998 it was revealed that Cendant and its predecessor CUC had spent a decade engaging in massive accounting fraud, under the leadership of Forbes and his vice chairman, E. Kirk Shelton. Forbes was represented in court by Brendan V. Sullivan, Jr.. After two mistrials, in 2007 Forbes was sentenced to 12 years in prison and fined $3.25B. Father: Alexander Duncan Forbes III Wife: Jane (div. Dec-1980, two daughters) Daughter: Alison Daughter: Laura Wife: Caren Suzanne Utzig (b. 1952, m. 15-Aug-1981)
University: BA, Northwestern University University: MBA, Harvard Business School
Cendant CEO (1997-98)
Comp-U-Card CEO (1976-97)
Member of the Board of Cendant (as Chairman 1997-98)
Campaign America Inc. Conspiracy to commit securities fraud (convicted 2006) Making False Statements two counts (convicted 2006) Securities Fraud (not guilty, 2006)
Requires Flash 7+ and Javascript.
Do you know something we don't?
Submit a correction or make a comment about this profile
Copyright ©2019 Soylent Communications
|