Ex-KB Home CEO Indicted

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A Los Angeles Federal grand jury has indicted the former CEO and Chairman of KB Home, Bruce Karatz of Bel Air Estates.  He faces 20 criminal charges of mail, wire and securities fraud, making false statements to the Securities and Exchange Commission and lying to the accountants for KB Home. Gabe Friedman is a staff writer for the Los Angeles Daily Journal.

Credits

Guest:
Gabe Friedman - Staff Writer, Los Angeles Daily Journal

Host:
Warren Olney

Producers:
Katie Cooper, Andrea Brody