Monday, Aug. 03, 1992

Et Cetera

Kevin and Ian Maxwell, sons and business associates of the late publishing czar Robert Maxwell, had trouble enough already. Kevin was indicted for conspiracy to defraud banks and for stealing from the pension funds of his father's employees, while Ian was hit for bank fraud. Now a British court has assessed Kevin $778 million in damages for his actions as a director of the firm that managed the funds. Ian's penalty is pending.