Monthly Archives: October 2009

United Rentals Former CFO Falsified Records

Written on October 20, 2009 at 12:22 pm, by

John Milne, former president and chief financial officer for United Rentals, Greenwich, Conn., pleaded guilty in federal court on Oct. 13 to one count of conspiracy to falsify the books and records of United Rentals during the time he served as that company’s CFO.

Unemployment in Construction on the Rise

Written on October 16, 2009 at 11:23 am, by

The Associated General Contractors issued the following news release: The national unemployment rate for the construction industry rose to 17.1 percent as another 64,000 construction workers lost their jobs in September, according to an analysis of new employment data released today. With 80 percent of layoffs occurring in nonresidential construction, Ken Simonson, chief economist forMore

Fraud at United Rentals? Former CFO Faces Jail Time!

Written on October 16, 2009 at 10:57 am, by

John Milne, who was president and chief financial officer (CFO) of United Rentals from December 2002 to August 2005, has pleaded guilty in a New Haven, Connecticut, US court to one count of falsifying the company’s books and records.