Tuesday, August 15, 2006

Ex-Comverse CEO On the Lam

Oh boy - from InvestmentNews.com -

Comverse Technology Inc.'s former chief executive Kobi Alexander is on the run from charges of conspiracy, and is considered a fugitive by the U.S. government, according to published reports.

Mr. Alexander, who was investigated for illegal activity related to backdating stock options, reportedly transferred more than $57 million into a bank account in Israel and has fled to the country.
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