Ex-Ahold Official Gets 46 Months in Prison for Securities Fraud
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Mark Kaiser, the ex-marketing chief of Koninklijke Ahold NV’s former U.S. Foodservice unit, was sentenced to three years and 10 months in prison for securities fraud.
“The details are of serious fraud involving many different aspects and activities involving hundreds of millions of dollars,” U.S. District Judge Thomas Griesa said in court yesterday in Manhattan before imposing the sentence. “I really feel that I must impose a sentence which gives due regard for the extent of that criminal conduct.”