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.
