Worst CEO of the Year Award

Federal agents arrested the CEO of White Plains, N.Y.- based Compulinx on charges of stealing the identities of his employees in order to secure fraudulent loans, lines of credit and credit cards, according to an eight-count indictment unsealed by the U.S. Attorney’s office in White Plains.Along with the new accounts, Terrence Chalk charged more than $100,000 in unauthorized credit card charges. If convicted, he faces 165 years in prison and $5.5 million in fines, prosecutors say. Damon faces a maximum sentence of 35 years imprisonment and $1.25 million in fines.

At least Terrence is straght forward in his theft from employees and doesn’t hide behind some accounting scheme.