Anne Pember and Casper Sabatino, both former Cendant financial execs received sentences this week based on their their prior pleas. Both were spared jailtime and instead received probation, two years apiece. Apparently they were quite contrite (and helpful to the prosecution). Another helpful fellow, former Cendant CFO, Cosmo Corigliano, is expected to be sentenced later this week. Look for another wrist slapping, as Corigliano was a key source for the prosecution.

-- MDT

Labels: Anne Pember, Caspar Sabatino, Cendant, Cosmo Corigliano, Fraud, sentencing