Federal regulators said they are considering how much they will ask a federal judge to penalize the last Brightpoint executive to be found guilty of an accounting scheme that involved his company and American International Group.
Convicted Friday in Manhattan U.S. District Court for his role in an illicit transaction involving finite reinsurance was Timothy Harcharik, the former director of risk management for Brightpoint.
Mr. Harcharik was tried on civil charges brought by the Securities and Exchange Commission. Two other executives of the Plainfield, Ind.-based wireless phone distributor entered guilty pleas in the case.
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