Indicted in federal court in May, the chief financial officer of Aspen, William Anthony "Tony" Rand, and his three sons face charges of conspiracy to commit securities fraud, mail fraud, wire fraud, money laundering and forfeiture.

FORBES: Energy

The former chief compliance officer of Bernard L. Madoff Investment Securities was in court in Manhattan today and pleaded guilty to one count of conspiracy to commit securities fraud and one count of falsifying records.

FORBES: Peter Madoff Pleads Guilty But Says He Knew Nothing About A Ponzi Scheme

Mike Kennedy, chief operating officer for the Crown Prosecution Service, said out-of-court disposals were effective but needed "proper regulation, consistent application and public transparency".

BBC: Watchdogs criticise out-of-court penalties

Bristol-Myers Squibb 's (nyse: BMY - news - people ) former chief financial officer and the former head of its drug business have been indicted in federal court in connection with alleged "channel stuffing" that led Bristol to have to restate its numbers repeatedly. ( Click here for a link to the indictment.) The indictment says that Frederick S. Schiff, the company's chief financial officer until April 2001, and Richard J.

FORBES: Former Bristol-Myers Executives Indicted