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Former Qualcomm executive sentenced in US to 4 years in prison over fraud scheme

( November 14, 2025, 23:57 GMT | Official Statement) -- MLex Summary: Former Qualcomm executive Karim Arabi was sentenced to 48 months in prison for wire fraud and money laundering in connection with a $180 million scheme targeting his former employer. Arabi, while working as a vice president of Qualcomm's research and development department, developed valuable microchip technology and marketed it through a company he created. Then, Arabi sold the company and its technology to Qualcomm for $180 million, according to prosecutors.Statement follows below:...

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