While on his way to the clink, IT consultancy big cheese will cough up that $2.9m he embezzled

Nandu Thondavadi reaches agreement with America's financial watchdog

The former CEO of IT consultancy firm Quandrant 4 has agreed to pay back the $2.9m he embezzled from the now-bankrupt business, in a deal [PDF] that finally closes the book on a long-running case."