St. Louis, Mo. – Arraignment will be next week for two former Charter Communications executives charged in a federal fraud indictment.
Former chief operating officer David Barford and former chief financial officer Kent Kalkwarf made initial court appearances today. Both will appear before a federal magistrate judge at 9:30 am Tuesday.
They are among four executives accused in a scheme to defraud investors by inflating revenue, cash flow and subscribers for the
St. Louis-based cable TV company.
Also today, former senior vice president David McCall pleaded guilty to one count of conspiracy to commit wire fraud. Sentencing is October 17. Prosecutors say he is cooperating in the case against the other men.
The fourth defendant, former senior vice president James Smith, is expected to surrender Monday.