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 feature The CIO’s new role: Orchestrator-in-chief CIOs have unique insight into everything that happens in a company. Some are using that insight to take on a more strategic role. By Minda Zetlin Dec 04, 2023 12 mins CIO CIO CIO opinion Fortifying the bridge between tech and business in the C-suite To be considered a tech-forward company today, there has to be a focus on tech fluency across the C-suite, which creates a unique opportunity for CIOs to uplevel their roles and expand their footprint across the enterprise. By Diana Bersohn and Rachel Barton Dec 04, 2023 7 mins CIO CIO CIO brandpost Sponsored by G42 Understanding the impact of AI on society, environment and economy By Jane Chan Dec 03, 2023 4 mins Artificial Intelligence opinion Website spoofing: risks, threats, and mitigation strategies for CIOs In this article, we take a look at how CIOs can tackle website spoofing attacks and the best ways to prevent them. By Yash Mehta Dec 01, 2023 5 mins CIO Cyberattacks Security 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