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October 8, 2008 5:57:43 AM CDT



Not Guilty-Plea From Ex-CEO in Drug, Fraud Rap

Posted Jun 17, 08 10:36 AM CDT in Technology Crime & Courts 

(Newser) – Broadcom co-founder Henry Nicholas pleaded not guilty yesterday to securities fraud and drug charges, the AP reports. The former microchip king was accused of false accounting as well as dropping ecstasy into associates’ drinks, running a drug warehouse, and using bribery and death threats to keep it all quiet. The company’s former CFO also pleaded not guilty to fraud.

Source Associated Press

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Broadcom co-founder Henry T. Nicholas III leaves the Ronald Reagan Federal Building after a hearing Monday, June 16, 2008, in Santa Ana, Calif.   (AP Photo/Nick Ut)
Broadcom co-founder Henry T. Nicholas III leaves the Ronald Reagan Federal Building after a hearing Monday, June 16, 2008, in Santa Ana, Calif.   (AP Photo)
In this Nov. 9, 2004 file photo, Henry Nicholas, billionaire co-founder of chip maker Broadcom, gestures during an interview with the Associated Press.   (AP Photo)
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crime   drug dealing   Broadcom   securities fraud



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