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A federal appeals court has denied a request by the former Cendant chairman, Walter A. Forbes, to be released pending an appeal of his conviction in a case over one of corporate America’s biggest accounting scandals, Reuters reported.

The United States Court of Appeals for the Second Circuit also denied Forbes’s requests for an order to keep certain financial information in district court confidential, according to information posted on the court docket on Friday, Reuters reported.

In April, Judge Alan H. Nevas in Connecticut ordered Forbes to report to prison on July 16 to begin serving his sentence, Reuters reported..

He was sentenced in January to 12 years, 7 months in prison and ordered to pay $3.3 billion for his role in the scandal, Reuters reported.
-New York State Society of Certified Public Accountants

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