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Qualcomm exec convicted of inventing company to sell his tech to Qualcomm
2025-04-18 04:45:03| Spiritual Career Counseling
Mike Dano, Editorial Director, 5G & Mobile StrategiesApril 10, 20253 Min ReadKarim Arabi was Qualcomm's VP of R&D from 2013 to 2016. During that time it looks like he had two good ideas: One was for new technology related to the "design for test" (DFT) sector of the chipset industry. The second was to secretly sell that technology back to his own employer.At least, that's the basis of a Justice Department action against Arabi that this week produced a federal jury conviction."As vice president of research and development, Mr. Arabi was entrusted with protecting Qualcomm's intellectual property rights," said IRS Special Agent in Charge Tyler Hatcher, in a release from the Justice Department. "Mr. Arabi executed a scheme to swindle Qualcomm out of $180 million for what was rightfully their own technology. This guilty verdict is reflective of outstanding investigative work by IRS-CI and our partners at the FBI and US Marshal's Service."Here's the Justice Department's remarkable indictment...
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