SEC CHARGES THIRTEEN INDIVIDUALS WITH AIDING AND ABETTING FINANCIAL
FRAUD AT U.S. FOODSERVICE:The Commission filed enforcement actions late last week against thirteen individuals alleging they aided and abetted a massive
financial fraud by signing and returning materially false audit
confirmations sent to them by the auditors of the U.S. Foodservice,
Inc. subsidiary of Royal Ahold (Koninklijke Ahold N.V.). All of the
individuals charged, Carl Allen, Gary Bell, Donald Childers, John
Crowder, Joseph Grendys, Anthony Holohan, Chris Jakubek, John King,
Steve LeBarron, Patrick Penderghast, Frank Riggio, Michael Smith, and
Richard Vecchia, were employees of or agents for vendors that supplied
U.S. Foodservice.
