Another CEO Indicted For Wire Fraud
Ethan Farid Jinian, the former CEO of Bricsnet, is accused of embezzling more than $1 million by persuading Bricsnet's senior finance manager to write him checks. Bricsnet makes software that helps other companies manage their real estate portfolios and improve compliance with...wait for it...Sarbanes-Oxley. Its customer list includes Walgreens, Deutsche Bank and Nextel Sprint. According to a grand jury indictment in federal court in San Francisco last month, Jinian told Bricsnet's finance manager, Leon Brown, that their chairman had agreed to make payments to Jinian
11 December 2009•2 mins read
