Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing U.S.
By Nate Raymond NEW YORK (Reuters) - The former chief executive officer of Comverse Technology Inc pleaded guilty on Wednesday to securities fraud, a decade after he fled to Namibia from the United States to avoid prosecution. Jacob "Kobi" Alexander, the Woodbury, New York-based software developer's founder, entered his plea in federal court in Brooklyn, after ending his fight to avoid extradition to face charges pending since 2006. The case is one of the last open prosecutions arising from gove
Read more »