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Broadcom executives are accused of inflating their earnings by 2.2 billion dollars.

The executives ``perpetrated a massive, five-year scheme that involved fraudulent backdating of dozens of option grants, falsifying corporate records, intentionally false accounting and lying to shareholders,'' SEC Enforcement Director Linda Thomsen said in the statement released in Washington. The scheme ran from 1998 to 2003, the SEC said.

Broadcom's $2.22 billion restatement, the biggest of any company ensnared in a federal backdating probe, reflected compensation costs hidden by the practice, the SEC said.

This is not the first time a Broadcom executive has been in hot water and their company is one of the least friendly to work with. A company that screws its customers will also screw its investors.