10 Tech CEOs That Were (And Still Remain) Fugitives

Stein Bagger

Company: IT Factor

Date captured: Dec. 6, 2008

The Danish CEO was accused of scamming several banks and Fortune 500 companies such as IBM out of an estimated $205 million. Once authorities caught onto his leasing scam which involved IT Factory leasing non-existing hardward and software bundles from fake companies, dude retreated to Dubai with several business associates and his family, where he suddenly went "missing." From there Stagger turned himself in to the LAPD and was shipped back to Denmark to serve seven years in the pen. He blamed his actions on being blackmailed by unnamed sources. That’s what they all say.

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