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Oxygen Forensics

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Oxygen Forensics Executives Arrested for Concealing Russian Ownership from U.S. Agencies

Lee Reiber, CEO of Oxygen Forensics, and Russian national Oleg Davydov were arrested and charged with conspiracy to commit wire fraud. Federal prosecutors allege the pair concealed the company’s Russian ownership and development to secure government contracts, including a $12 million deal with the Secret Service. Reiber was arrested in Boise, Idaho, while Davydov was detained at London’s Heathrow Airport. The case follows a whistleblower’s public accusations and a subsequent defamation lawsuit by the company. Investigators seized corporate bank accounts and domains, and the Justice Department stated the software did not contain malicious code.

via Boise Dev|

#lee-reiber #national-security #oleg-davydov

world1 day ago•10 min saved

Federal Charges Against Oxygen Forensics Executives Over Hidden Russian Ownership

Two executives of Oxygen Forensics, a Virginia-based digital forensics software company, were arrested and charged with wire fraud for allegedly concealing the firm’s Russian ownership and development from U.S. government agencies. Prosecutors allege that Lee Reiber and Oleg Davydov hid the company’s ties to Russian security services to secure approximately $2 million in contracts with the Department of Defense, Secret Service, and Department of Homeland Security. The case highlights concerns over the opacity of private company ownership in the U.S., particularly after the Treasury Department recently halted data collection on corporate ownership.

via The New York Times|

#corporate-transparency #oxygen-forensics #russian-sanctions

technology-and-national-security1 day ago•1 min saved

US Charges Oxygen Forensics CEO and Russian Co-Conspirator with Wire Fraud Over Hidden Ownership

Lee Reiber, CEO of Virginia-based Oxygen Forensics, and Russian national Oleg Davydov have been arrested and charged with conspiracy to commit wire fraud. Federal prosecutors allege the pair concealed the company's Russian ownership and development from US agencies, including the Secret Service, to secure lucrative contracts. The case follows a whistleblower's public accusations and a subsequent defamation lawsuit by the company.

via cnbc.com|

#lee-reiber #oxygen-forensics #russian-sanctions