Ex-KIT CEO Tuzman, Socialite Amanat Convicted at Fraud Trial

December 26, 2017, 8:24 PM UTC

Two technology entrepreneurs who rose to prominence in the years before the financial crisis were found guilty of manipulating shares in a digital-video software startup at the center of a complex fraud that spanned from China to Dubai.

Former KIT Digital Inc. Chief Executive Officer Kaleil Isaza Tuzman, a Harvard graduate who spent more than four years at Goldman Sachs Group Inc., and Omar Amanat, a tech-industry socialite who helped produce some of the “Twilight” films, were found guilty Dec. 26 of their role in the scheme by a federal jury in New York.

The verdict following a six-week trial ...

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