Technology
Apr. 10, 2025
Former Qualcomm executive convicted in $180M fraud scheme
Prosecutors said Dr. Karim Arabi concealed his involvement in the company, Abreezio, while serving as vice president of R&D at Qualcomm, violating his employment agreement and defrauding his employer out of tens of millions of dollars.
A former Qualcomm executive was convicted of wire fraud and money laundering for orchestrating a secret scheme to sell the company its own technology for $180 million through a shell startup fronted by his sister.
Prosecutors said Dr. Karim Arabi concealed his involvement in the company, Abreezio, while serving as vice president of R&D at Qualcomm, violating his employment agreement and defrauding his employer out of tens of millions of dollars.
"The defendant t...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In