Ex-Kyphon Manager Pleads Guilty to Fraud (written by Walter Eisner @ OTW)
A former senior marketing manager for Kyphon, Inc., pled guilty in federal court on July 7 to ripping off Medtronic Inc. for at least $2.1 million.
Jennifer Rutherford was responsible for selecting vendors to supply marketing merchandise that company reps could distribute at trade shows and industry conferences. The merchandise included such items as key chains, baseball caps, and tee-shirts. Rutherford admitted to creating three shell companies from June 2004 to June 2009 and pretending to buy merchandise from those com...
