Kobi gets 30 months in US

Staff Reporter
  • 7 Year Ago - 2017-02-23 21:16:00
Jacob “Kobi” Alexander, the former CEO of Long Island software firm Comverse Technology who once fled to Namibia to avoid securities fraud charges, was sentenced Thursday to 30 months in prison in federal court in Brooklyn.

Alexander, 63, an Israeli who founded digital voicemail pioneer Comverse, fled to Namibia in 2006 to evade prosecution for backdating stock options and trying to bribe an underling to take the fall.

He returned to the United States last year and pleaded guilty to one count of securities fraud pursuant to a plea deal.
Newsday

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Namibian Sun 2024-04-20

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