Securities Fraud Charge for Software Exec
Securities Fraud Charge for Software Exec
Late last year, federal authorities charged Christopher Salis, 39, of San Mateo with securities fraud and money laundering. According to prosecutors, Salis, who was a global vice president at software giant SAP, disclosed inside information about the company’s planned acquisition of Concur Technologies, a Washington-state based travel management software firm to Douglas Miller, a former Purdue University classmate.

Miller and his brother, Edward Miller, ran a car wash operation that was in financial difficulty. The Miller brothers purchased shares in Concur, based on Salis’ information. The brothers also shared the privileged information with their parents and other acquaintances. Investigators say that the privileged information resulted in profits of more than $500,000 to investors connected to Salis and/or the Miller brothers. Once the Miller brothers sold their shares, they paid a portion of their profits on the sale back to Salis.

According to prosecutors, the brothers made about $270,000 in profits from their investment in the travel company, and paid Salis about $90,000 in cash, which they transported to California on a commercial flight. Other investors made about $240,000 in profits. All three men were charged with conspiracy to commit wire fraud, conspiracy to commit securities fraud, money laundering and structuring transactions to avoid reporting requirements. Prosecutors also allege that Salis and the Miller brothers had previously engaged in an insider-trading scheme that arose from Salis’ employment at Business Objects, a company that was acquired by SAP in 2007.

Salis is also charged with four counts of wire fraud and five additional counts of securities fraud. Douglas Miller is also charged with six counts of wire fraud, five counts of securities fraud and one count of lying to investigators. Edward Miller is charged with one count of wire fraud, one count of securities fraud, one count of obstruction of justice and one count of harassing a witness.

Federal securities fraud attorney


If you’re facing federal securities fraud charges, you need the assistance of an experienced securities fraud attorney like Robert Helfend. Mr. Helfend has more than 30 years of experience in federal criminal defense and will fight aggressively on your behalf in court.

Contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County securities fraud case.

Photo Credit: Insider Monkey, via Flickr.com

Simi Valley Man Convicted of Sextortion
Simi Valley Man Convicted of Sextortion
A Simi Valley man pleaded guilty to extortion, sending harmful matter to seduce a minor and unlawful sexual intercourse with a minor. Corey Ackerman, 27, was arrested last September following a lengthy “sextortion” investigation. Earlier in 2015, he was sentenced to five years of probation for extortion, possession of child pornography, and blackmail.

Second sextortion conviction came with prison term


Ackerman came to the attention of police as early as 2014. Following his first sextortion conviction, a number of minors came forward to tell police that Ackerman had contacted them through social media, and attempted to engage in sexual activity with them. According to the victims, Ackerman told the victims that he had pornographic pictures of them and that he would delete them only if they agreed to have sex with him. The victims were between the ages of 12 and 17 at the time of Ackerman’s contact. Upon his second conviction, Ackerman was given a 6 year prison sentence and was ordered to pay restitution to the victims.

If you’ve been arrested on sextortion charges, child pornography charges, or charges related to other Internet sex crimes, especially those involving minors, Ventura criminal defense attorney Robert Helfend can help you prepare a successful criminal defense.

Mr. Helfend is an experienced criminal defense attorney who works exclusively with clients charged with criminal offenses in Ventura County and throughout Southern California. Mr. Helfend will protect your rights during the judicial process, and will work to get the charges against you reduced or dropped altogether.

Don’t be fooled by the bravado of investigators and prosecutors who are simply working to get a conviction. Often, they don’t have enough evidence to fully support the charges they threaten to bring against you. Mr. Helfend has established a reputation as a skillful, aggressive defense attorney and can help you defend yourself successfully, even when the case against you initially appears strong.

Don’t gamble with your freedom. Your best defense strategy is to work with an experienced criminal defense attorney who can bring together the resources you need to defend yourself in front of a judge. Contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County sextortion case.

Photo Credit: Sergio Roberto Bichara, via FreeImages.com