CyberNET VP gets 5 years in prison for $100 million fraud case

Friday, 27 April 2007, 4:00 AM EST

The former vice president of a high-tech company was sentenced today to five years in prison for conspiring to commit $100 million worth of bank fraud.

Jonathan James Mast, 38, pleaded guilty last November to the conspiracy charge, along with mail fraud and money laundering. He had been the vice president of sales at CyberNET, a Michigan-based computer company, between 2002 and 2004. A major solution provider, CyberNET made No. 110 on the 2004 VARBusiness 500 list.

At InformationWeek.

[ Read more ]




Spotlight

Whitepaper: 10 things your next firewall must do

For enterprises looking at Next-Generation Firewalls, the most important consideration is: will this new technology empower your security teams to securely enable applications to the benefit of the organization? It's not about blocking applications, but safely enabling them.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, May 29th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //