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Former Cendant Exec Requests Probation

From Bloomberg News

Former Cendant Corp. Vice Chairman E. Kirk Shelton, who faces 12 to 15 years in prison, asked U.S. District Judge Alvin Thompson to impose a term of probation and community service for his accounting fraud conviction.

Shelton deserves leniency because he is devoted to his family, works in the community and has a reputation for integrity, his lawyers said in court papers filed Tuesday in Hartford, Conn.

Shelton, who is scheduled to be sentenced the week of July 18, was convicted of overstating $286 million in earnings at CUC International Inc., which merged in 1997 with HFS Inc. to form Cendant.

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