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A Mesa tech startup is hanging on by a thread after its former CEO allegedly siphoned millions of dollars from the company to buy a house, a Lamborghini, and other luxury items for a female escort he was seeing in Miami.
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Cyber Dive cofounder Jeffrey Gottfurcht is under investigation by the FBI for two counts of wire fraud for allegedly transferring $1.5 million in company funds to his personal bank accounts, according to an FBI probable cause affidavit filed June 12 in U.S. District Court for the District of Arizona.
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The FBI launched the investigation after Gottfurcht’s wife, Emily, and Cyber Dive co-founder Derek Jackson reported their concerns to federal authorities.
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Read more of this story from the Business Journal.