Mark Phillips is out of prison, and now he’s looking to clear his name. The 38-year-old former CEO of MOD Systems, who was sent to prison in July 2011 on fraud and money laundering charges, is back in court asking a federal judge for a new trial. He’s also filed a fresh lawsuit against a number… Read More…
The continuing saga of MOD Systems co-founder Mark E. Phillips, who was sentenced to four years in prison in July 2011 on fraud and money laundering charges, has taken another unusual turn. According to court documents released this week, Phillips has won a reversal of the mail fraud charge that he was originally convicted on…. Read More…
There are multiple ways to watch movies on airplanes. Some rely on the selection in the airline’s inflight entertainment system, while others load up on personal DVDs or download their favorite films prior to arriving at the gate. Others use Wi-Fi connectivity to stream movies while cruising at 30,000 feet. For Blake Thomas, chief marketing… Read More…
Seattle entrepreneur Mark Phillips was sentenced Friday morning to four years in prison for defrauding MOD Systems and lying to the court in a complex fraud case that has dragged on for more than three years. In issuing the ruling — about half of what federal prosecutors recommended — U.S. District Judge John Coughenor said… Read More…
MOD Systems will be forced out of its downtown Seattle office space at 1301 Second Avenue, the latest setback for the struggling Seattle startup. A court commissioner ordered on April 22nd that the office space be returned to the Seattle Art Museum and that MOD Systems must pay $175,367 in back rent, attorneys’ fees and… Read More…
Troubles continue to mount for MOD Systems. The Seattle Art Museum has filed a lawsuit against the maker of digital media kiosk technology for failing to pay rent on the museum’s property at 1301 Second Avenue. MOD signed a lease agreement with the museum on November 11th, but since occupying the office space on January… Read More…
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