Former Cisco executive is fugitive from justice


Former Cisco executive is fugitive from justice

The US Attorney's Office for the Northern District of California has issued an arrest warrant for Robert Gordon, a former Cisco Systems vice-president who is under indictment for wire fraud.

Authorities consider Gordon a fugitive from justice, according to a statement from the US Department of Justice.

Gordon, 42, was the former vice-president and director of business development at Cisco. On 9 May, 2001, he was indicted by a grand jury in San Jose on two counts of wire fraud.

The government has moved to forfeit a $5m (£3.5m) bond posted by Gordon as well as the equity in his Palo Alto home.

Gordon failed to appear before US District Judge Jeremy Fogel, on 16 April, for a status hearing on his plea negotiations with the government.

Gordon was accused of transferring about $11m in stock and company funds to his personal accounts in the Bahamas.

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