Former Executive Convicted of $180 Million Fraud Against Qualcomm

A former vice president of Qualcomm created a start-up as a vehicle to commercialize a microchip technology he developed, then sold it to the tech giant.

Qualcomm headquarters in San Diego in a file photo. Alex Lee/The Epoch Times

SAN DIEGO—A former Qualcomm vice president was convicted of scheming to defraud the company out of $180 million, the U.S. Attorney’s Office announced April 8.

After a four-week trial, the jury found that Krami Arabi, former vice president of research and development at the telecom giant, committed fraud by carefully hiding his role in developing and marketing a valuable microchip technology, then creating a start-up company and reaching a deal to sell it and the technology to Qualcomm for $180 million.