Venture Capitalist Accused of Blackmail
We have a new contender for most scandalous private equity exec of the year. And, for bonus points, this one also happens to be a peHUB Wire reader. The NY Daily News reports that Giri Sekhar, a managing partner with FA Technology Ventures, has been indicted for trying to blackmail the chief counsel of NY State Comtroller Thomas DiNapoli, in order to secure a $25 million fund commitment from NY Common Retirement Fund. Specifically, Sekhar is alleged to have sent messages threatening to expose the chief counsel’s extramarital affair (which, for the record, DiNapoli’s office denies having occurred).
3 February 2010•1 min read
