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

Broadcom honcho said to spike drinks with ecstasy, commit bribery
By Matt Cantor,  Newser User
Posted Jun 17, 2008 10:36 AM CDT
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)
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(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.