Former Cendant Chairman Forbes found guilty of conspiracy

Walter A. Forbes sentencing set for Jan. 17

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

After deadlocks in two previous trials, a jury this week found Walter A. Forbes, 63, guilty of conspiracy to commit securities fraud and making false statements in a massive fraud in 1999 that threatened travel and real estate company Cendant Corp.