Sanjiv Taneja, 60, of Cupertino, was charged last year along with three others for their roles in allegedly selling a microchip technology start- up known as Abreezio to the San Diego tech giant.
SAN DIEGO - The former CEO of a company that was sold to San Diego's Qualcomm for more than $150 million -- which prosecutors allege was part of a fraudulent scheme involving one of Qualcomm's former employees -- pleaded guilty Thursday to a federal money laundering charge.
Though their sales pitch represented that the technology was invented by a Canadian grad student, prosecutors said it was not disclosed that the student was related to one of the defendants, Karim Arabi, who was working as a vice president of research and development at Qualcomm while creating the technology at issue.
France Dernières Nouvelles, France Actualités
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