The former chief executive of a company that was sold to Qualcomm for more than $150 million has pleaded guilty to one count of money laundering relating to a $1.5 million transaction involving proceeds from the deal. Sanjiv Taneja was CEO at startup Abreezio, for which Qualcomm agreed to pay roughly $180 million, $150 million of which was paid in cash in October 2015.

Source: The Register