1. Dennis Kozlowski Tyco International Ltd. Idris Adesanya, Joshua Alderson, Uchee Emejulu, Brad Evans

2. Tyco Background Fire & Security products Fire & Security products Electronics Electronics Health Care Health Care Engineered Products & Services Engineered Products & Services

3. Tyco Background Security & Fire Suppression Systems Security & Fire Suppression Systems Automobile parts Automobile parts Firefighter equipment Firefighter equipment Medical diagnostic equipment Medical diagnostic equipment Water purification systems Water purification systems

4. 2005 Financials $30.727 billion revenue $30.727 billion revenue $5.795 billion operating income $5.795 billion operating income $3.032 billion net income $3.032 billion net income Over 250,000 employees worldwide Over 250,000 employees worldwide

5. Mission Statement “We will increase the value of our company and our global portfolio of diversified brands by exceeding customers' expectations and achieving market leadership and operating excellence in every segment of our company.” “We will increase the value of our company and our global portfolio of diversified brands by exceeding customers' expectations and achieving market leadership and operating excellence in every segment of our company.”

6. Issues and Legal Claims Tax Evasion Tax Evasion Misappropriation of corporate funds Misappropriation of corporate funds Falsifying business records Falsifying business records

7. Specific Instances Evasion of $1 million in sales tax Evasion of $1 million in sales tax $600 million stolen corporate funds $600 million stolen corporate funds Took out company loans without informing investors Took out company loans without informing investors Spent $1 million in company funds for wife’s birthday party Spent $1 million in company funds for wife’s birthday party

8. Timeline

9. Timeline Facts "Kozlowski, Swartz and Belnick treated Tyco as their private bank, taking out hundreds of millions of dollars of loans and compensation without ever telling investors," said Stephen Cutler, the SEC's director of enforcement. "Kozlowski, Swartz and Belnick treated Tyco as their private bank, taking out hundreds of millions of dollars of loans and compensation without ever telling investors," said Stephen Cutler, the SEC's director of enforcement.

10. Timeline Facts Kozlowski also allegedly pillaged a fund Tyco uses to help executives relocate to buy his first wife, Angie, a $7 million Park Ave. apartment. Swartz dipped into the fund to buy a $6.5 million Upper East Side apartment, according to authorities. So did Belnick, investigators said, who used $14 million to buy a Central Park West pad and a ski chalet in Utah. Kozlowski also allegedly pillaged a fund Tyco uses to help executives relocate to buy his first wife, Angie, a $7 million Park Ave. apartment. Swartz dipped into the fund to buy a $6.5 million Upper East Side apartment, according to authorities. So did Belnick, investigators said, who used $14 million to buy a Central Park West pad and a ski chalet in Utah.

11. Timeline Facts Kozlowski allegedly billed Tyco $72,042 for jewelry, $155,067 for clothing, $96,943 for flowers, $60,427 for club memberships, $52,334 for wine and $110,000 for corporate use of his personal yacht Kozlowski allegedly billed Tyco $72,042 for jewelry, $155,067 for clothing, $96,943 for flowers, $60,427 for club memberships, $52,334 for wine and $110,000 for corporate use of his personal yacht

12. Legal and Ethical Matters Worth at least $500 million Kozlowski swindled New York City out of $1 million in sales tax due on fine art (tax evasion; definitely a crime). Worth at least $500 million Kozlowski swindled New York City out of $1 million in sales tax due on fine art (tax evasion; definitely a crime). Analysis Analysis

13. Legal and Ethical Matters - $170 million stolen from company account - $430 million stock sales - Analysis

14. Dennis Kozlowski Sentenced 8 years and 4 months to 25 years in prison. Sentenced 8 years and 4 months to 25 years in prison.

15. Questions & Answers