- Woman sleeping in car accused of attacking Cape officer (7/26/16)13
- Seeking new history: Centurion Development buys former Woolworth building at 1 N. Main St. (7/28/16)5
- Prosecutor says shooting by state trooper was justified (7/24/16)15
- Cape resident gets seven years in prison for shooting at man (7/26/16)1
- Former Scott City mayor refutes claims made about loss of curbside recycling pickup (7/26/16)
- Burglary of trailer leaves its residents homeless (7/27/16)4
- Golden Corral coming to Cape; may hire 100 workers (7/21/16)10
- Police: Child's video revealed stepfather's abuse of sibling (7/28/16)3
- Foot plots provide habitats and nutrition to attract wildlife, grow populations (7/18/16)
- City may spend extra park tax money on Cape Splash, skate park, other projects (7/25/16)10
Jurors in Tyco trial focus on 'criminal intent'
NEW YORK -- The jurors in the grand-larceny trial of two former Tyco International executives focused again on the concept of "criminal intent" Tuesday during their fourth day of deliberations. They asked the judge to explain the term -- the second such request since deliberations began -- and urged him to "go slowly" when giving the explanation. Justice Michael Obus, as he did Friday, told the jurors: "A defendant is not guilty of larceny if he believes he had the authority to take the property." The jurors finished deliberating Tuesday evening without reaching a verdict and were to continue today.
Former Tyco chief executive L. Dennis Kozlowski, 57, and former chief financial officer Mark Swartz, 43, are accused of looting the conglomerate of $600 million. They could get up to 30 years in prison if convicted.
Swartz testified that he did not do anything he believed was illegal. The defense also argued that the two had earned every dime and that the company's auditors and board of directors knew about the compensation and never objected.
Prosecutors said the pair stole $170 million by taking unauthorized bonuses and abusing company loan programs, and netted an additional $430 million by pumping up Tyco's stock price and selling their holdings.
Tyco, which has about 270,000 employees and $36 billion in annual revenue, makes electronics and medical supplies and owns the ADT home security business.