The Tyco fraud case in 2002 was a corporate scandal involving the executive management of Tyco International, a global company that provides a variety of products and services ranging from water purification to armoured wires. 
The CEO Dennis Kozlowski and the CFO Mark Swartz unethically used their power and status for personal gain when they purchased and sold Tyco shares for 430 million dollars while concealing the facts from Tyco’s investors.
When I was on wikipedia searching up the background information to the Tyco case, I found something interesting: After all the crime Kozlowski has committed, he still insists he is innocent. When he was interviewed in 2007 by CBS television’s newsmagazine 60 Minutes, he firmed stated “I am absolutely not guilty of the charges… . There was no criminal intent here. Nothing was hidden. There were no shredded documents… . All the information the prosecutors got was directly off the books and records of the company.”
I can not believe Kozlowski still “believes” in his innocent and has no shame in saying it after STEALING so many people’s money!
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