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Former AOL Executives Indicted On Fraud Charges

AOL Accused Of Inflating PurchasePro Revenue

POSTED: 4:59 pm EST January 10, 2005

Six former executives with America Online and its former business partner PurchasePro have been indicted on fraud charges.

They are accused of inflating the revenues of PurchasePro to give the appearance of success.

The U.S. Attorney for the eastern district of Virginia announced the indictment.

Two of the people charged worked for AOL. The others worked for PurchasePro.

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