• Latest
  • Trending
  • All
  • News
  • TV/Radio Deals
  • Film partnerships
  • New appointments
  • Production
  • TV Channels
Kit Digital ex-CEO and CFO charged with accounting fraud

Kit Digital ex-CEO and CFO charged with accounting fraud

September 10, 2015
Netflix releases trailer for ‘Kid Cosmic’ series

Netflix releases trailer for ‘Kid Cosmic’ series

January 19, 2021
Electro-Voice launches Evolve 50M column loudspeaker system

Electro-Voice launches Evolve 50M column loudspeaker system

January 19, 2021
Eutelsat’s konnect to provide connectivity services to Côte d’Ivoire post office network

Eutelsat’s konnect to provide connectivity services to Côte d’Ivoire post office network

January 19, 2021
Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

January 18, 2021
Evertz to acquire Studer’s strategic assets from Harman International

Evertz to acquire Studer’s strategic assets from Harman International

January 18, 2021
Israeli lighting specialists go with Robe for Red Alert

Israeli lighting specialists go with Robe for Red Alert

January 18, 2021
New drive-in cinema to launch in Riyadh

New drive-in cinema to launch in Riyadh

January 18, 2021
Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

January 18, 2021
Two Arab producers to take part in Rotterdam Lab film training

Two Arab producers to take part in Rotterdam Lab film training

January 17, 2021
Viu launches new Arabic original series ‘Ansaf Majaneen’

Viu launches new Arabic original series ‘Ansaf Majaneen’

January 17, 2021
N1 TV Balkans Broadcast Network transitions to PlayBox Neo

N1 TV Balkans Broadcast Network transitions to PlayBox Neo

January 17, 2021
Dubai Opera to host movie music gala this February

Dubai Opera to host movie music gala this February

January 17, 2021
  • Advertise
  • Subscribe
  • Magazine Archive
  • Directory
  • Contact
Tuesday, January 19, 2021
BroadcastPro ME
  • News
    • All
    • Analyst Reports
    • AV
    • Film partnerships
    • International News
    • Mergers/Acquisitions
    • New appointments
    • OTT/Video Streaming
    • Production
    • Satellite/Broadcasting
    • Satellite/Comms
    • TV/Radio Deals
    Netflix releases trailer for ‘Kid Cosmic’ series

    Netflix releases trailer for ‘Kid Cosmic’ series

    Eutelsat’s konnect to provide connectivity services to Côte d’Ivoire post office network

    Eutelsat’s konnect to provide connectivity services to Côte d’Ivoire post office network

    Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

    Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

    Evertz to acquire Studer’s strategic assets from Harman International

    Evertz to acquire Studer’s strategic assets from Harman International

    Israeli lighting specialists go with Robe for Red Alert

    Israeli lighting specialists go with Robe for Red Alert

    New drive-in cinema to launch in Riyadh

    New drive-in cinema to launch in Riyadh

    Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

    Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

    Two Arab producers to take part in Rotterdam Lab film training

    Two Arab producers to take part in Rotterdam Lab film training

    Viu launches new Arabic original series ‘Ansaf Majaneen’

    Viu launches new Arabic original series ‘Ansaf Majaneen’

    N1 TV Balkans Broadcast Network transitions to PlayBox Neo

    N1 TV Balkans Broadcast Network transitions to PlayBox Neo

    Trending Tags

    • broadcast
    • MENA broadcast
    • ConnecTech2019
  • Tech Features
    • All
    • CASE STUDIES
    • New Media
    • REVIEWS
    • TV/Radio Deals
    Piracy – Unravelling the maze

    Piracy – Unravelling the maze

    Strategies to win the OTT race

    Strategies to win the OTT race

    The OTT journey – Learning from the experts

    The OTT journey – Learning from the experts

    Vox Pop Part One: Visualising the AR roadmap

    Vox Pop Part Two: Visualising the AR roadmap

    Vox Pop Part One: Visualising the AR roadmap

    Vox Pop Part One: Visualising the AR roadmap

    Premier League scraps pay-per-view model following backlash

    Premier League scraps pay-per-view model following backlash

    Shaping audio for broadcast

    Shaping audio for broadcast

    Video Piracy: Separating Fact from Fiction

    Video Piracy: Separating Fact from Fiction

    How to establish an 8K Future

    How to establish an 8K Future

    Demystifying the technology of AR for sports

    Demystifying the technology of AR for sports

    Trending Tags

    • Videos
      OTT Monitoring – Maximize return on your streaming investments

      OTT Monitoring – Maximize return on your streaming investments

      Pierre Tabet on what makes 7 Production tick

      Pierre Tabet on what makes 7 Production tick

      VIDEO: Hear it from Francesco Perta and Danny Bates on Dplay’s launch on StarzPlay

      VIDEO: Hear it from Francesco Perta and Danny Bates on Dplay’s launch on StarzPlay

      Industry experts showcase cinematography equipment at in5 workshop

      Industry experts showcase cinematography equipment at in5 workshop

      StarzPlay’s Maaz Sheikh and Exec Producer Kate Harwood-Baghdad Central premiere

      StarzPlay’s Maaz Sheikh and Exec Producer Kate Harwood-Baghdad Central premiere

      Sony launches PXW-FX9 full-frame 6K sensor camera in Dubai

      Sony launches PXW-FX9 full-frame 6K sensor camera in Dubai

      The Women Executives: Breaking the mould at the BroadcastPro 2019 Summit

      The Women Executives: Breaking the mould at the BroadcastPro 2019 Summit

      Content creators explore where content is heading in the MENA region

      Content creators explore where content is heading in the MENA region

      Envisioning a new media landscape with CEOs at the BroadcastPro 2019 Summit

      Envisioning a new media landscape with CEOs at the BroadcastPro 2019 Summit

    • Opinion
      AVOD: The best model for OTT success?

      AVOD: The best model for OTT success?

      Mobile LTE is key to simple and reliable live video contribution

      Mobile LTE is key to simple and reliable live video contribution

      How entertainment networks are fighting the pandemic

      How entertainment networks are fighting the pandemic

      New normal inspires fresh storylines and alternative filming strategies

      New normal inspires fresh storylines and alternative filming strategies

      Reviewing video content in the wake of Covid-19

      Reviewing video content in the wake of Covid-19

      Made in the UAE – with pride

      Made in the UAE – with pride

      Failing to prepare: Preparing to fail. Again?

      Failing to prepare: Preparing to fail. Again?

      Celebrating growth with BroadcastPro ME’s tenth anniversary

      Celebrating growth with BroadcastPro ME’s tenth anniversary

      Getting to grips with the AV-over-IP stack

      Getting to grips with the AV-over-IP stack

      How are businesses prioritising their expenditures in light of Covid-19?

      How are businesses prioritising their expenditures in light of Covid-19?

    • Interviews
      • All
      • Lounge
      Vox Pop Part One: Visualising the AR roadmap

      Vox Pop Part Two: Visualising the AR roadmap

      Vox Pop Part One: Visualising the AR roadmap

      Vox Pop Part One: Visualising the AR roadmap

      Will Covid-19 drive broadcasters into adopting IP?

      Will Covid-19 drive broadcasters into adopting IP?

      Vox Pop: The Road To IP

      Vox Pop: The Road To IP

      Let’s Tok Business: How TikTok is navigating the Middle East market

      Let’s Tok Business: How TikTok is navigating the Middle East market

      COVID-19: Its impact on the media world – Part II

      COVID-19: Its impact on the media world – Part II

      COVID-19: Its impact on the media world – Part I

      COVID-19: Its impact on the media world – Part I

      OSN: Back with a Bang

      OSN: Back with a Bang

      With Heba Korayem on how Ramadan programming has fared in the face of Covid-19

      With Heba Korayem on how Ramadan programming has fared in the face of Covid-19

      Faisal Hashmi: Crafting A Film Career

      Faisal Hashmi: Crafting A Film Career

    • Products
    • Magazine Archive
    • Events
    • LIVE
    No Result
    View All Result
    BroadcastPro ME
    • News
      • All
      • Analyst Reports
      • AV
      • Film partnerships
      • International News
      • Mergers/Acquisitions
      • New appointments
      • OTT/Video Streaming
      • Production
      • Satellite/Broadcasting
      • Satellite/Comms
      • TV/Radio Deals
      Netflix releases trailer for ‘Kid Cosmic’ series

      Netflix releases trailer for ‘Kid Cosmic’ series

      Eutelsat’s konnect to provide connectivity services to Côte d’Ivoire post office network

      Eutelsat’s konnect to provide connectivity services to Côte d’Ivoire post office network

      Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

      Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

      Evertz to acquire Studer’s strategic assets from Harman International

      Evertz to acquire Studer’s strategic assets from Harman International

      Israeli lighting specialists go with Robe for Red Alert

      Israeli lighting specialists go with Robe for Red Alert

      New drive-in cinema to launch in Riyadh

      New drive-in cinema to launch in Riyadh

      Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

      Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

      Two Arab producers to take part in Rotterdam Lab film training

      Two Arab producers to take part in Rotterdam Lab film training

      Viu launches new Arabic original series ‘Ansaf Majaneen’

      Viu launches new Arabic original series ‘Ansaf Majaneen’

      N1 TV Balkans Broadcast Network transitions to PlayBox Neo

      N1 TV Balkans Broadcast Network transitions to PlayBox Neo

      Trending Tags

      • broadcast
      • MENA broadcast
      • ConnecTech2019
    • Tech Features
      • All
      • CASE STUDIES
      • New Media
      • REVIEWS
      • TV/Radio Deals
      Piracy – Unravelling the maze

      Piracy – Unravelling the maze

      Strategies to win the OTT race

      Strategies to win the OTT race

      The OTT journey – Learning from the experts

      The OTT journey – Learning from the experts

      Vox Pop Part One: Visualising the AR roadmap

      Vox Pop Part Two: Visualising the AR roadmap

      Vox Pop Part One: Visualising the AR roadmap

      Vox Pop Part One: Visualising the AR roadmap

      Premier League scraps pay-per-view model following backlash

      Premier League scraps pay-per-view model following backlash

      Shaping audio for broadcast

      Shaping audio for broadcast

      Video Piracy: Separating Fact from Fiction

      Video Piracy: Separating Fact from Fiction

      How to establish an 8K Future

      How to establish an 8K Future

      Demystifying the technology of AR for sports

      Demystifying the technology of AR for sports

      Trending Tags

      • Videos
        OTT Monitoring – Maximize return on your streaming investments

        OTT Monitoring – Maximize return on your streaming investments

        Pierre Tabet on what makes 7 Production tick

        Pierre Tabet on what makes 7 Production tick

        VIDEO: Hear it from Francesco Perta and Danny Bates on Dplay’s launch on StarzPlay

        VIDEO: Hear it from Francesco Perta and Danny Bates on Dplay’s launch on StarzPlay

        Industry experts showcase cinematography equipment at in5 workshop

        Industry experts showcase cinematography equipment at in5 workshop

        StarzPlay’s Maaz Sheikh and Exec Producer Kate Harwood-Baghdad Central premiere

        StarzPlay’s Maaz Sheikh and Exec Producer Kate Harwood-Baghdad Central premiere

        Sony launches PXW-FX9 full-frame 6K sensor camera in Dubai

        Sony launches PXW-FX9 full-frame 6K sensor camera in Dubai

        The Women Executives: Breaking the mould at the BroadcastPro 2019 Summit

        The Women Executives: Breaking the mould at the BroadcastPro 2019 Summit

        Content creators explore where content is heading in the MENA region

        Content creators explore where content is heading in the MENA region

        Envisioning a new media landscape with CEOs at the BroadcastPro 2019 Summit

        Envisioning a new media landscape with CEOs at the BroadcastPro 2019 Summit

      • Opinion
        AVOD: The best model for OTT success?

        AVOD: The best model for OTT success?

        Mobile LTE is key to simple and reliable live video contribution

        Mobile LTE is key to simple and reliable live video contribution

        How entertainment networks are fighting the pandemic

        How entertainment networks are fighting the pandemic

        New normal inspires fresh storylines and alternative filming strategies

        New normal inspires fresh storylines and alternative filming strategies

        Reviewing video content in the wake of Covid-19

        Reviewing video content in the wake of Covid-19

        Made in the UAE – with pride

        Made in the UAE – with pride

        Failing to prepare: Preparing to fail. Again?

        Failing to prepare: Preparing to fail. Again?

        Celebrating growth with BroadcastPro ME’s tenth anniversary

        Celebrating growth with BroadcastPro ME’s tenth anniversary

        Getting to grips with the AV-over-IP stack

        Getting to grips with the AV-over-IP stack

        How are businesses prioritising their expenditures in light of Covid-19?

        How are businesses prioritising their expenditures in light of Covid-19?

      • Interviews
        • All
        • Lounge
        Vox Pop Part One: Visualising the AR roadmap

        Vox Pop Part Two: Visualising the AR roadmap

        Vox Pop Part One: Visualising the AR roadmap

        Vox Pop Part One: Visualising the AR roadmap

        Will Covid-19 drive broadcasters into adopting IP?

        Will Covid-19 drive broadcasters into adopting IP?

        Vox Pop: The Road To IP

        Vox Pop: The Road To IP

        Let’s Tok Business: How TikTok is navigating the Middle East market

        Let’s Tok Business: How TikTok is navigating the Middle East market

        COVID-19: Its impact on the media world – Part II

        COVID-19: Its impact on the media world – Part II

        COVID-19: Its impact on the media world – Part I

        COVID-19: Its impact on the media world – Part I

        OSN: Back with a Bang

        OSN: Back with a Bang

        With Heba Korayem on how Ramadan programming has fared in the face of Covid-19

        With Heba Korayem on how Ramadan programming has fared in the face of Covid-19

        Faisal Hashmi: Crafting A Film Career

        Faisal Hashmi: Crafting A Film Career

      • Products
      • Magazine Archive
      • Events
      • LIVE
      No Result
      View All Result
      BroadcastPro ME
      No Result
      View All Result
      Home News

      Kit Digital ex-CEO and CFO charged with accounting fraud

      Staff Reporter by Staff Reporter
      September 10, 2015
      in News
      ShareTweetPostEmail

      Kit Digital Inc.’s former Chairman and CEO and its former CFO were arrested and charged with accounting fraud at the software company. Both are being held, pending extradition to the US and face up to 20 years in jail if convicted on the most serious charge. Prosecutors in New York claim the ex-Chairman and CEO, […]

      OLYMPUS DIGITAL CAMERAKit Digital Inc.’s former Chairman and CEO and its former CFO were arrested and charged with accounting fraud at the software company. Both are being held, pending extradition to the US and face up to 20 years in jail if convicted on the most serious charge.

      Prosecutors in New York claim the ex-Chairman and CEO, Kaleil Isaza Tuzman, 43, and the former CFO, Robin Smyth, 61, conspired to mislead investors and regulators about the company’s financial health. Kit Digital filed for bankruptcy in 2013 and is now known as Piksel Inc.

      From 2010 to 2012, Tuzman and Smyth recognised $6 million in improper revenue, overstated company assets by $7.9 million and understated $4.4 million in losses, prosecutors said in an indictment unsealed Tuesday in Manhattan federal court.

      Tuzman is also charged with conspiring with an unnamed hedge fund operator from December 2008 to September 2011 to inflate Kit’s trading volume and share price by so-called match trades that allowed Kit to conceal purchases of its own stock.

      Tags: CEOfeaturedpostKIT Digital CFO

      Related Posts

      Netflix releases trailer for ‘Kid Cosmic’ series

      Netflix releases trailer for ‘Kid Cosmic’ series

      January 19, 2021
      Electro-Voice launches Evolve 50M column loudspeaker system

      Electro-Voice launches Evolve 50M column loudspeaker system

      January 19, 2021
      Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

      Reel Palestine Film Fest in UAE to feature Najwa Najjar and Zain Duraie’s films

      January 18, 2021
      Israeli lighting specialists go with Robe for Red Alert

      Israeli lighting specialists go with Robe for Red Alert

      January 18, 2021
      New drive-in cinema to launch in Riyadh

      New drive-in cinema to launch in Riyadh

      January 18, 2021
      Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

      Egyptian film ‘Tuk-Tuk’ to represent Egypt at LA-based film festival

      January 18, 2021

      Related News

      MBC Group appoints Ahmed Al Sahhaf as CEO of MBC Media Solutions

      MBC Group appoints Ahmed Al Sahhaf as CEO of MBC Media Solutions

      November 3, 2020
      TikTok CEO Kevin Mayer resigns

      TikTok CEO Kevin Mayer resigns

      August 27, 2020
      Virgin Galactic appoints Michael Colglazier as CEO

      Virgin Galactic appoints Michael Colglazier as CEO

      July 23, 2020
      MediaKind appoints Matt McConnell as CEO

      MediaKind appoints Matt McConnell as CEO

      July 11, 2020
      More Related News

      Popular Stories

      • ONTime Sports 3 channel launches in Egypt

        ONTime Sports 3 channel launches in Egypt

        1583 shares
        Share 633 Tweet 396
      • Airbus completes Preliminary Design Review for Skynet 6A

        767 shares
        Share 307 Tweet 192
      • Radio Television of Djibouti deploys Etere solution

        729 shares
        Share 292 Tweet 182
      • Two Arab producers to take part in Rotterdam Lab film training

        701 shares
        Share 280 Tweet 175
      • Al Kamel System set to support Extreme E broadcast

        677 shares
        Share 271 Tweet 169

      BroadcastPro ME

      • About
      • Advertise
      • Subscribe
      • Magazine Archive
      • Directory
      • Contact
      • Privacy

      Follow us on Social Media

      No Result
      View All Result
      • News
      • Tech Features
      • Videos
      • Opinion
      • Interviews
      • Products
      • Magazine Archive
      • Events
      • LIVE

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In