Sanjay Kumar sentenced to 12 years in prison for fraud at CA Inc.

Sanjay Kumar sentenced to 12 years in prison for fraud at CA Inc.

CA Inc.’s former Chief Executive Officer Sanjay Kumar has been sentenced to 12 years in prison. He has been found guilty for leading a $2.2 billion accounting fraud at the software maker CA.

U.S. District Judge I. Leo Glasser also went on to impose an $8 million fine today in Brooklyn, New York. Kumar had earlier pleaded guilty in April to charges including conspiracy, fraud and obstruction of justice.

This comes after Bernard Ebbers, WorldCom chairman got 25 years of prison sentence. Jeffrey Skilling, former Enron Corp. CEO got a sentence of more than 24 years. There are more cases involving John Rigas, Adelphia Communications Corp. founder who got 15 years sentence. L. Dennis Kozlowski, former chairman and CEO of Tyco was sent to prison for 25 years.

The courts did not give credit to Kumar for accepting responsibility or pleading guilty to all eight counts.