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Former CEO Of Public Telecommunications Company Sentenced To 12 Years In Prison For Accounting Fraud
September 25, 2025
NEW YORK, Sept. 25 -- The office of the U.S. Attorney for the Southern District of New York posted the following news release:

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Former CEO Of Public Telecommunications Company Sentenced To 12 Years In Prison For Accounting Fraud

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United States Attorney for the Southern District of New York, Jay Clayton, announced that MICHAEL PALLESCHI, the former chairman and Chief Executive Officer of FTE Networks, Inc. ("FTE"), was sentenced . . .

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