Former Micfo CEO Denied in Bid to Escape Wire Fraud Guilty Plea

The former CEO of Micfo LLC, a now-defunct infrastructure-as-a-service provider, lost a bid to undo his wire fraud convictions Friday when a federal appeals court refused to let him or his company back out of their guilty pleas.

Two days into his 2021 trial, Amir Golestan pleaded guilty to 20 counts of wire fraud for fraudulently obtaining and reselling thousands of IP addresses from the American Registry for Internet Numbers Ltd. It was a first-of-its-kind prosecution.

Although the district court should have advised Golestan about the immigration consequences of a conviction prior to accepting his plea, the error was ...