Frank Dunn

Frank A. Dunn is a Canadian business executive who was the Chief Executive Officer of Nortel Networks. In 2007, the U.S. Securities and Exchange Commission filed civil fraud charges against him, and three former senior executives, in a wide-ranging financial fraud scheme.cite web|url=http://www.sec.gov/news/press/2007/2007-39.htm|title="SEC Charges Four Former Senior Executives of Nortel Networks Corporation in Wide-Ranging Financial Fraud Scheme"|accessdate=2007-03-12]

Dunn joined Nortel Networks (when it was still known as Northern Electric) as a management trainee in 1976, after graduating from McGill University. He was appointed CFO in 1999 under CEO John Roth. After Roth retired, Dunn became the CEO in November, 2001 until he was fired for cause, along with several financial executives in April, 2004.Fact|date=May 2008

He is under investigation by the U.S. Securities and Exchange Commission, as well as by the Ontario Securities Commission in Canada, and is charged for reporting faulty annual results since 2000. He is also named in several class action suits initiated by disgruntled shareholders. Construction was stopped on the multi-million dollar home that Dunn was building on prime lakefront property in Oakville, Ontario, and it was listed for sale shortly after his dismissal from Nortel. The incomplete residence was sold in 2005 for $8,888,000.00.Fact|date=May 2008

On June 19, 2008, Dunn (then aged 54) was arrested by the Royal Canadian Mounted Police, along with two other former Nortel executives, charged with fraud affecting the public market, falsification of books and documents and producing a false prospectus. [ [http://www.rcmp-grc.gc.ca/on/press/2008/08-06-19_imet_two_e.htm CRIMINAL CHARGES LAID AGAINST FORMER TOP EXECUTIVES OF NORTEL NETWORKS CORPORATION (“NORTEL”)] . June 19, 2008.]

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