Monday, February 18, 2008

$1.9 billion fraud case

AFX News Limited
Former executive wants house arrest
02.15.08, 6:21 PM ET
COLUMBUS, Ohio (AP) - A former health care executive facing trial in a wants to be released from jail so he can have more time to prepare his defense.

Lance Poulsen, former president of National Century Financial (other-otc: CYFL.PK - news - people ) Enterprises near Columbus, says he's only getting access to a work room at the Ross County jail in southern Ohio for two hours a day and no time on weekends.

U.S. District Judge Algenon Marbley last month denied Poulsen's request for house arrest but ordered a room be reserved for use eight hours a day, seven days a week.

A message was left with the jail seeking comment.

Former executives of National Century are currently on trial. Poulsen faces a witness-tampering trial next month and his own fraud trial in August.

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