A jury has convicted the founder and former chief executive of an online real estate listings site of orchestrating a $67 million accounting fraud.
Stuart Wolff, 43, was found guilty of conspiracy, insider trading, making false regulatory filings and lying to auditors, all in a scheme to inflate revenue at Homestore Web sites -- including the former Realtor.com, Homestore.com, HomeBuilder.com and RentNet.com. Homestore changed its name earlier this year to Move Inc., and will bring all of its sites under the single domain Move.com.
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