Technology
Aug. 14, 2023
Microchip startup CEO pleads guilty to fraud on Qualcomm
Executives at Abreezio told Qualcomm that their technology was developed by a Canadian graduate student. They did not disclose that the student was related to a Qualcomm executive who helped to develop the technology.
The former executive of a microchip startup that was sold to Qualcomm Technologies Inc. for more than $150 million pleaded guilty to money laundering charges.
Sanjiv Taneja admitted that he and co-defendants Karim Arabi and Ali Akbar Shokouhi schemed to hide that Arabi was involved in Abreezio, the startup. Arabi was the vice president of research and development at Qualcomm in San Diego.
“Fraud and deceit unde...
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