Ex-Homestore execs plead guilty Premium Content

Agree to settle charges related to 2001 fraud scheme

Inman News®

Three former Homestore executives agreed to plead guilty and settle charges that they participated in a fraudulent scheme to inflate the company's advertising revenue, the Securities and Exchange Commission said Wednesday.

Clayton Chang, 39, former vice president of Homestore's strategic alliances group, and Geoffrey Infeld, 36, a former salesperson with Homestore, agreed to plead guilty to criminal charges and settle with the SEC.

more...

To view this premium content sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Share with REmessenger