One of three men involved in a scheme that led Qualcomm to pay over $150 million for tech it already owned pleaded guilty to a related charge,
Sanjiv Taneja, one of three men indicted last year after ripping off chipmaker Qualcomm for more than $150 million, pleaded guilty to one count of money laundering involving a $1.5 million transaction related to the funds that Taneja and the other defendants conned out of Qualcomm. The San Diego-based company was tricked into buying technology that already belonged to the company according to the . The other two indicted were Karim Arabi and Ali Akbar Shokouhi.Arabi, while working for Qualcomm as the company’s vice president of research and development, invented a way to evaluate micro-processors during the « design for test » phase that was faster than other methods. Under his employment contract, any intellectual property created by him while working for Qualcomm belonged to the company.
