Former Executive in Satellite Group Admits Fraud Plan
Associated Press
WASHINGTON — The former No. 2 executive of Intelsat pleaded guilty Friday to conspiracy to defraud the global satellite giant of $4.8 million.
U.S. District Judge Gerhard A. Gesell set Dec. 5 as the sentencing date for Jose L. Alegrett, former deputy director general of the International Telecommunications Satellite Organization, a consortium of 115 member countries that operates a network of telecommunications satellites.
Alegrett faces a maximum penalty of 10 years in prison and a $250,000 fine or both.
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