N.Y. Tech Firm Sold U.S. Chinese Spy Gear, Prosecutors Say (2)

Nov. 7, 2019, 2:10 PM UTCUpdated: Nov. 7, 2019, 5:19 PM UTC

U.S. prosecutors charged Aventura Technologies Inc. and seven current and former employees with a 13-year scheme to illegally import and sell Chinese-made surveillance and security equipment to U.S. government agencies and private customers.

The defendants, including founder Jack Cabasso, were charged with helping Aventura defraud its customers, including the U.S. government, by falsely claiming the products it sold were manufactured by the company when in fact they had been illegally made in and imported from China.

The U.S. seized records, bank accounts and a 70-foot yacht the defendants had purchased with money they made in the scheme, prosecutors said.

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