New York technology firm raided by federal authorities after 'making millions selling Chinese security equipment to the US Military and pretending it was American-made'
- Aventura Technologies allegedly made millions by selling Chinese-made surveillance equipment to the US military, falsely claiming it was US-made
- The scheme 'exposed the federal government and branches of the military to profound cybersecurity risks, such as hacks from foreign governments'
- Seven current and former employees of Aventura were charged in relation to the purported plot just hours after federal agents raided their Long Island offices
- Prosecutors say Jack Cabasso masterminded the plot, going to extreme lengths to conceal the multi-million dollar scheme with the help of Chinese businesses
- Cabasso, his wife Frances , and two others, Jonathan Lasker and Christine Lazarus, were also accused of falsely claiming the company was run by Frances
- Cabasso has a lengthy criminal record which includes convictions for wire fraud, grand larceny, mail fraud and conspiring to influence a juror
Posted by: Skidmark 2019-11-09 |