Silicon Valley businessman Archives - GV Wire

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How Long Before This California Fraudster Is on 'American Greed'?

By Associated PressIn AP News, California, News, U.S.Posted June 5, 2019

Photo of handcuffs and $100 bills

CHICAGO — Federal jurors in Chicago have convicted a Silicon Valley businessman of defrauding investors in his computer companies of more than $5 million after earning some of their money via crowdfunding. Federal prosecutors said Tuesday that 50-year-old Jeffrey Batio of Santa Clara, California, was convicted Friday of 12 counts...