An ex-official of what is now Cedant Corp. (previously CUC International) was sentenced to 10 years in prison and ordered to personally pay more than $3 billion (yes, billion!) in losses. The alleged scheme involved the creation of $500 million in fictitious revenues. When the accounting irregularities became public, the company's stock price fell from its 52-week high of about $41 per share to nearly $13 per share.