The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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11/20/2006
Put This One In The Crime Doesn't Pay Column
Ousted Computer Associates Chief, Sanjay Kumaris expected to owe $123 million or so in making up for his various and sundry bad acts. Given that Kumar is already serving a his twelve year prison sentence, well, that's a lot of licence plates.

But don't weep for the guy. Kumar's personal wealth is estimated at some $40 million, but it is not certain what other money he might have squirreled away in foreign accounts. According to the The London Times, he can hock the following:
  • $750,000 - Azimut pleasure yacht
  • $220,000 - 1999 Ferrari Maranello 550
  • $230,000 - 2001 Ferrari Maranello 550
  • $30,000 - 2004 Land Rover
  • $30,000 - 2004 Volvo
  • $9 million - proceeds from sale of stake in New York Islanders hockey team
  • $6 million - home in Upper Brookville, New York, jointly owned with his wife
  • $20 million - bond portfolio transferred to his wife
  • $5 million - transferred to real estate trust of teenage daughters
-- MDT
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