Ex-Monster exec Treacy gets 2 years

04 Sep 2009

James Treacy, former president and COO of Monster, was sentenced to two years in a federal penitentiary this week on his May conviction of stock-options fraud.

Treacy was ordered to pay $6.3 million in fines, and and equal sum in restitution. During his trial, prosecutors alleged Treacy made as much as $24 million in the options back-dating scheme. 

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Jim Townsend