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Web: Staffing Firm CEO Gets 11 Years

December 05, 2012

The Associated Press reports the former CEO of World Health Alternatives was sentenced to 11 years in prison for securities fraud and tax evasion in a scheme that cost shareholders tens of millions of dollars. Read the story here.

The former CEO, Richard McDonald, in April pleaded guilty to five criminal counts Friday in federal court in Pennsylvania. Read the Staffing Industry Analysts item here.