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On the lam: Alexander, Comverse
On the lam: Alexander, Comverse
Jacob “Kobi” Alexander, former CEO of Comverse Technology, is wanted in the U.S. on charges of bribery and criminal fraud. Alexander evaded arrest and fled to Namibia.

U.S. prosecutors have since added the new charges of bribery, obstruction of justice and witness tampering to Alexander’s roster of accused crimes. Alexander allegedly offered someone $5 million to take the fall for his fraud charges. His earlier fraud charges stem from the manipulation of stock options, and he also been charged with conspiracy and money laundering.

Alexander, an Israeli citizen and a permanent U.S. resident, was arrested in Namibia, but has been released on bail. U.S. prosecutors are seeking to have him extradited.
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.