Bricsnet Scandal: Others Claim Ex-CEO Owes Them Money
Former Bricsnet CEO Ethan Jinian left the software company in September and was indicted last month for embezzling over $1 million from Bricsnet, a charge that Jinian denies. Now another former employee of Bricsnet -- acting chief technology officer Kevin Horio -- claims that Jinian owes him money too. Horio says Jinian borrowed at least $350,000 from his technology consulting company, Dimensia, over a period of several years when the two were business partners. According to Horio, they were brought into Bricsnet in 2004 to assess Bricsnet's technology because Bricsnet's Madrid investors were considering shutting the company down. But the technology was good, Horio said, and the two started working for Bricsnet -- Horio as a technology consultant and Jinian as CEO.
