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Browse: Home / 2017 / February / 24 / Comverse ex-CEO Jacob ‘Kobi’ Alexander sentenced to 30 months | Newsday

Comverse ex-CEO Jacob ‘Kobi’ Alexander sentenced to 30 months | Newsday

By Securities Docket on February 24, 2017, 10:10 am

Jacob “Kobi” Alexander, the former CEO of Long Island software firm Comverse Technology who fled to Africa to avoid fraud charges, was sentenced Thursday in Brooklyn federal court to 30 months in prison.

Alexander, 64, an Israeli citizen who founded digital voicemail pioneer Comverse in 1982, returned last year to plead guilty to securities fraud after fleeing to Namibia in 2006 to evade prosecution for backdating stock options and trying to bribe an underling to take the fall.

via Comverse ex-CEO Jacob ‘Kobi’ Alexander sentenced to 30 months | Newsday

Posted in Criminal, Top | Tagged Options Backdating

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