Former startup CFO gets 2 years in prison for wire fraud / crypto scheme that cost company $35M Nevin Shetty, 42, of Mercer Island, Wash., was found guilty last November, after a nine-day jury trial, of four counts of wire fraud. Read More
Former startup CFO convicted of wire fraud for moving $35M in company funds to crypto side business The former chief financial officer of onetime Seattle e-commerce startup Fabric has been convicted of four counts of wire fraud… Read More
Former director at Seattle auto marketplace startup indicted on $2M wire fraud charges The former director of auto marketplace startup Tred was indicted this week by a federal grand jury in Seattle on… Read More
Facebook parent Meta fined $24.6M for violating Washington state’s political ad disclosure law Meta, the parent company of Facebook, was fined the maximum penalty of $24.6 million on Wednesday for violating Washington state’s… Read More
Former AWS engineer avoids prison, gets 5 years probation in massive Capital One hack A former Amazon Web Services engineer found guilty of hacking Capital One and several other companies, was sentenced to time… Read More
Seattle-area tech exec gets 2 years in prison in $5.5M scheme to defraud COVID relief program A Seattle-area tech executive who attempted to fraudulently obtain COVID-19 disaster relief loans through the Paycheck Protection Program was sentenced… Read More
Seattle-area tech exec pleads guilty in scheme to obtain and launder $5.5M in PPP loans A Washington tech executive charged in a scheme to obtain more than $5.5 million in Paycheck Protection Program (PPP) loans… Read More
Dept. of Justice credits Microsoft with identifying tech-support fraud scheme that targeted seniors The perpetrators of an online tech-support fraud scheme, originally brought to the attention of U.S. authorities by Microsoft, have been… Read More
SEC charges former Amazon finance manager and her family in $1.4M insider trading case A former senior manager in Amazon’s tax department has been charged with insider trading by the Securities and Exchange Commission.… Read More
Justice Dept. indicts six in scheme to bribe Amazon employees and gain marketplace advantage A grand jury in the Western District of Washington has indicted six people in a multi-million dollar scheme to bribe… Read More
