In one of the first cases of document destruction brought under Sarbanes-Oxley, a former partner in Ernst & Young's San Francisco office pled guilty to falsifying records in a federal investigation, the U.S. Attorney's Office for the Northern District of California said.
As part of his plea, Berkeley, Calif., resident Thomas Trauger, 40, admitted that he knowingly altered, destroyed and falsified records with the intent to impede and obstruct an investigation by the U.S. Attorney's Office into the collapse of NextCard Inc., an Internet-based provider of consumer credit in San Francisco. The company filed for bankruptcy in November of 2002.
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