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

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4/03/2008
National Century Execs Planned Aruba Escape If Convicted
Convicted they were, and with sentencing for their role in the nearly two billion dollar fraud at hand, news of their planned escape leaked out.

Consequently, National Century execs James Dierker, Roger Faulkenberry, Donald Ayers and Randolph Speer were all re-arrested and will remain behind bars, cooling their heels until their sentencing date two weeks from now.

Another National Century exec scheduled for sentencing, Rebecca Parrett, is currently in the wind. It was her failure to appear that ultimately led to the return to jail for her co-horts.

All this international intrigue sounds more like the style of former National Century CEO and man of mystery, Lance Poulsen... I guess he rubbed off a little bit on his executive team?

Poulsen's own trial starts in August if you're wondering.


-- MDT

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