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Old 24th Feb 08, 05:50 AM
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Appeal begins for Internet mogul
TOKYO - Lawyers for a disgraced Internet mogul insisted on his innocence Friday at the start of a court appeal of his securities fraud conviction in a scandal that destroyed one of Japan's highest-flying Internet startups.

Takafumi Horie, former CEO of Internet service provider Livedoor, was found guilty last March of inflating earnings reports and sentenced to 2 1/2 years in prison. Four other former executives also were found guilty.
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*Source: Yahoo! News (http://news.yahoo.com/s/ap/20080222/...4.pDms 0NUE)*

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