Symplicity CEO and CTO plead guilty to Computer Fraud and Abuse Act violations, resign
Higher education-focused IT company Symplicity sent a letter today informing all of its users that company co-founder and CEO Ariel Friedler and CTO Alok Dhir will both plead guilty to violating the federal Computer Fraud and Abuse Act (CFAA).
The charge stems from the executives “improperly logging into competitors’ systems,” the letter states. Both Friedler and Dhir have resigned from the 17-year-old Arlington, Virginia-based company. Bill Gerety has been named Symplicity’s new CEO and Samuel Romero Ramer as its new general counsel. The company was not charged in the case.
Put simply, I let my competitiveness get the best of me and I crossed a line. When I plead guilty, I will acknowledge how in 2007 I improperly logged into a portion of Pave’s website. I will also acknowledge that in 2010 and 2011, I logged into two sites that Maxient created for its customers only. I wanted to see what my competitors’ products looked like but I did it in a way that was just plain wrong. I realize that my actions were foolish, immature, and arrogant, and I am deeply sorry.Symplicity has 154 employees according to the letter, and does not appear to have raised outside funding.
Read the full letter from Symplicity CEO Ariel Friedler, below: [slideshare id=34865312&sc=no]