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AOL Pays Millions to SEC to Make Fraud Charges Go Away Posted by Pile (5171 views) [E-Mail link] In a statement the SEC said: "The Commission today charged Time Warner Inc. with securities fraud for materially overstating online advertising revenue and the number of its Internet subscribers and aiding and abetting three other securities frauds. "Without admitting or denying the allegations in the complaint, Time Warner consented to the entry of a judgement that, among other things, orders it to pay $300m in civil penalties," it said. You gotta love corporate America. Let's kick back a few hundred mil to the government and "neither admit nor deny any wrongdoing." Ok, right. Details     Comments   Name: (change name for anonymous posting) Title: Comments:     1 Article displayed.

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