The former chief executive officer of Comverse Technology Inc pleaded guilty to securities fraud on Wednesday and was ordered detained a decade after fleeing the United States for Namibia to avoid prosecution."Flight risk"... ya think?
Jacob "Kobi" Alexander, the Woodbury, New York-based software developer's founder, entered the plea in federal court in Brooklyn, after ending his fight to avoid extradition.
Following his plea, the 64-year-old Israeli citizen's lawyers sought his release on a $25 million bond pending his Dec. 16 sentencing. But U.S. District Judge Nicholas Garaufis ordered Alexander detained, calling him a flight risk.
In other news:
Trump nearly quintupled the monthly rent his presidential campaign pays for its headquarters at Trump Tower to $169,758 in July, when he was raising funds from donors, compared with March, when he was self-funding his campaign, according to a Huffington Post review of Federal Election Commission filings. The rent jumped even though he was paying fewer staff in July than he did in March.Because grifters gotta grift. Or, to be more charitable, at least there is one person that Trump pays in full without quibbling-- himself.