SEC Accuses 13 in Fraud Case

WASHINGTON The Securities and Exchange Commission filed enforcement actions late last month against 13 people, alleging they played a role in a massive financial fraud at U.S. Foodservice, the division of Ahold that admitted in 2003 to overstating its profits by at least $700 million in the preceding two years. The individuals, who worked for U.S. Foodservice suppliers or their agents, were accused

WASHINGTON — The Securities and Exchange Commission filed enforcement actions late last month against 13 people, alleging they played a role in a massive financial fraud at U.S. Foodservice, the division of Ahold that admitted in 2003 to overstating its profits by at least $700 million in the preceding two years.

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