Tag Archive: wire fraud

Nov 26 2009

More on the former Bricsnet CEO embezzlement

Further to my post about the Jinian wire fraud indictment, I’ve just received an email from Cristina Niculescu, head of Bricsnet’s collaboration tool ProjectCenter in Europe, who “to avoid speculation and hear-say rumours” thought it would be useful to put Bricsnet’s position on the subject and the effects it has had on Bricsnet as a …

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Permanent link to this article: http://extranetevolution.com/2009/11/more-on-the-former-bricsnet-ceo-embezzlement/

Nov 24 2009

Former Bricsnet CEO indicted on embezzlement charges

Just over two years ago, I wrote about the latest $13 million fund-raising round by US-based AEC and property solutions vendor Bricsnet. Following a news item on AECcafe.com, I see that Ethan Farid Jinian, the CEO of Bricsnet at the time of that investment, has just been indicted on charges of embezzling $1 million. The …

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Permanent link to this article: http://extranetevolution.com/2009/11/former-bricsnet-ceo-indicted-on-embezzlement-charges/