U.S. CHARGES FOUR IN PLOT THAT INFLATED AHOLD'S PROFITS

NEW YORK -- The U.S. Attorney's Office here said last week it had charged four former executives of U.S. Foodservice with securities fraud and conspiracy in connection with a scheme to inflate vendor rebates at the Ahold subsidiary.In revealing the indictments, U.S. Attorney David N. Kelley also said the investigation into the matter was continuing and could involve some of the 125 suppliers that

NEW YORK -- The U.S. Attorney's Office here said last week it had charged four former executives of U.S. Foodservice with securities fraud and conspiracy in connection with a scheme to inflate vendor rebates at the Ahold subsidiary.

In revealing the indictments, U.S. Attorney David N. Kelley also said the investigation into the matter was continuing and could involve some of the 125 suppliers that provided promotional allowances to USF during the period in question.

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