Thomas Bennett, the 50-year-old former CA business executive who’s accused of attempting to pay off would-be witnesses for their silence in a recent stock scandal, pleaded guilty on Wednesday to charges that he obstructed justice by offering the bribes, the Associated Press reports via The New York Times.Bennett, the Islandia, N.Y.-based software producer’s former senior vice president of business development, is facing as many as five years in jail, and he’s to be sentenced on Oct. 12, according to the AP.Bennett is charged with conspiring in conjunction with other executives, including CA’s then-CEO Sanjay Kumar, to falsely present revenue figures between 1999 and 2000 to boost the firm’s stock price, the AP reports.When the scandal first started to come apart, Kumar gave Bennett the OK to pay out millions of dollars to clients to hush them up, and keep them from notifying the Securities and Exchange Commission or the FBI of the accounting fraud, according to the AP. Last April, both Kumar and Stephen Richards, CA’s former head of worldwide sales, pleaded guilty to charges of obstruction of justice and securities fraud, and they’re expected to be sentenced on Sept. 12, the AP reports.Related Link: CA Selects Nugent to be New Chief Tech ExecCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content BrandPost Are tech layoffs inevitable, or can your company avoid them? Despite tech industry layoffs, one ITSM company remains committed to growth and expansion of internal teams. The company’s successful endeavor is largely credited to one difference between TOPdesk and other tech organizations. By TOPdesk Mar 30, 2023 6 mins IT Leadership Analysis CIOs must evolve to stave off existential threat to their role With LOB leaders learning tech faster than CIOs gain business-savvy, IT leaders must strengthen advisory skills, build relationships, and embrace strategic transformation before losing out to business counterparts. By Yashvendra Singh Mar 30, 2023 10 mins Roles Opinion 5 ways AI will transform CRM Recent announcements by Microsoft and Salesforce on how they’re ramping up integration of AI tools into their software offerings mark the start of a revolution in the CRM marketplace. By Martin De Saulles Mar 30, 2023 4 mins Channel Sales CRM Systems Artificial Intelligence Interview From CIO to CX SVP, Cisco’s Jacqueline Guichelaar takes a road less travelled By David Binning Mar 29, 2023 7 mins Careers IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe