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 COLUMBUS, Ohio (AP) - Before Lance Poulsen can fight charges that he was the mastermind behind a $1.9 billion fraud scheme, the former CEO of National Century Financial must first deal with allegations that he proposed paying a government witness $500,000 to lie on the stand.
The federal witness tampering trial of the former owner of National Century, a health care financing company, was scheduled to begin Monday. Once that trial ends, Poulsen faces a second trial in August on multiple counts of conspiracy, wire and securities fraud and money laundering.
Five former executives at National Century were convicted of similar charges on Thursday in a fraud scheme that prosecutors likened to the cases of Enron and WorldCom.
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