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Tuesday, January 9, 2007

Sudbury man facing charges in Aspen Technology case


Federal regulators yesterday lodged criminal and civil charges against the former chief executive of Aspen Technology Inc., alleging he engaged in fraud to win his job at the Cambridge software firm.

David McQuillin, 48, of Sudbury surrendered yesterday to face the criminal charges, according to a joint statement by the US attorney's office and the FBI office in New York.

He was charged with one count of conspiracy and one count of securities fraud in connection with a scheme to falsify the revenue of Aspen, which makes software for oil refineries, when he was co-chief operating officer early this decade, the Globe Business section reports today.

-- Robert Weisman

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