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Latest Business News

Ex-Qwest CFO Pleads Guilty on Charge

Thursday, July 14, 2005 10:49:38 AM
By SANDY SHORE

DENVER (AP) - A former Qwest Communications International Inc. chief financial officer pleaded guilty Thursday to a single county of insider trading, becoming the highest-ranking officer to admit to wrongdoing in the government's sprawling fraud investigation of the Denver-based company.

Robin Szeliga, 44, faces up to a 10 years in prison and $1 million fine, though sentencing guidelines call for a term of between 15 to 21 months.

U.S. District Judge Walker D. Miller said he would await a presentencing report before formally accepting the plea.


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