{"id":2105,"date":"2010-05-15T00:57:23","date_gmt":"2010-05-15T04:57:23","guid":{"rendered":"http:\/\/blogs.northcountrypublicradio.org\/inbox\/?p=2105"},"modified":"2010-05-15T00:57:23","modified_gmt":"2010-05-15T04:57:23","slug":"penn-traffic-executives-sent-to-prison-for-falsifying-financial-reports","status":"publish","type":"post","link":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/2010\/05\/15\/penn-traffic-executives-sent-to-prison-for-falsifying-financial-reports\/","title":{"rendered":"Penn Traffic executives sent to prison for falsifying financial reports"},"content":{"rendered":"<p>Penn Traffic ran P&amp;C supermarkets in New York, New England and Pennsylvania. The company went bankrupt late last year.<\/p>\n<p>This item came across the Associated Press wire Friday night:<\/p>\n<blockquote><p>SYRACUSE, N.Y. (AP) _ Two former Penn Traffic supermarket chain executives were sentenced to 14 months in federal prison for falsely inflating the company&#8217;s profits in financial reports, gaining thousands of dollars in bonuses for themselves.<\/p>\n<p>U.S. District Court Judge David Hurd on Friday sentenced 50-year-old Linda Jones, former vice president of nonperishable merchandising, and 63-year-old Leslie Knox, former senior vice president and chief marketing director. They also were also ordered to pay $10,000 in fines.<\/p>\n<p>Jones and Knox pleaded guilty last August to filing false earnings reports with the Securities and Exchange Commission. They were fired in 2006.<br \/>\nBuffalo-based Tops paid more than $85 million for most of bankrupt Penn Traffic&#8217;s assets, including its 79 supermarkets, in January.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Penn Traffic ran P&amp;C supermarkets in New York, New England and Pennsylvania. The company went [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/2105"}],"collection":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/comments?post=2105"}],"version-history":[{"count":0,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/2105\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/media?parent=2105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/categories?post=2105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/tags?post=2105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}