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Former chief financial officer Nevin Shetty, 41, was convicted Nov. 7 on four counts of wire fraud. Shetty was convicted for secretly transferring $35 million from his employer, Fabric — a private Seattle-area ecommerce software company — into a cryptocurrency venture he controlled, federal prosecut
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Former chief financial officer Nevin Shetty, 41, was convicted Nov. 7 on four counts of wire fraud. Shetty was convicted for secretly transferring $35 million from his employer, Fabric — a private Seattle-area ecommerce software company — into a cryptocurrency venture he controlled, federal prosecutors said. According to the U.S. Attorney’s Office for the Western […]
The post Former ecommerce CFO convicted of diverting $35 million into crypto appeared first on Digital Commerce 360.

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