Marie Nutz
@IrishAwake
20 August, 08:13
🚨"Twilight" Investor Sentenced To 5 Years In Federal Prison In Fraud Case🚨
🔹Omar Amanat, the former chairman & CEO of the technology start-up company KIT digital, was sentenced to 5 years in prison for participating in various securities fraud-related offenses.
🔹Amanat was convicted of conspiracy to commit wire fraud, wire fraud, aiding & abetting investment advisor fraud & conspiracy to commit securities fraud.
🔹“Omar Amanat defrauded investors of millions of dollars through years of lies and deceit. Among his many fraudulent tactics, Amanat teamed up with Kaleil Tuzman and others to manipulate stock prices and hide investment losses through years of false account statements. When finally caught, Amanat doubled down on his lies by introducing fake emails into the trial record as ‘exculpatory’ evidence. Neither the Government nor the jury was fooled..." U.S. Attorney Strauss.
🔹Omar Amanat, the former chairman & CEO of the technology start-up company KIT digital, was sentenced to 5 years in prison for participating in various securities fraud-related offenses.
🔹Amanat was convicted of conspiracy to commit wire fraud, wire fraud, aiding & abetting investment advisor fraud & conspiracy to commit securities fraud.
🔹“Omar Amanat defrauded investors of millions of dollars through years of lies and deceit. Among his many fraudulent tactics, Amanat teamed up with Kaleil Tuzman and others to manipulate stock prices and hide investment losses through years of false account statements. When finally caught, Amanat doubled down on his lies by introducing fake emails into the trial record as ‘exculpatory’ evidence. Neither the Government nor the jury was fooled..." U.S. Attorney Strauss.
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