Monday, 14 August 2017

Head of Telit Communications chief Oozi Cats resigns after US fraud allegations

The head of Telit Communications, Oozi Cats, has resigned after an internal company investigation found he had concealed a US indictment against him.

Telit launched an inquiry when it was alleged Mr Cats was actually Uzi Katz, who is wanted for fraud in the US.

The internet company, which is listed on London's Aim market, said Mr Cats had "knowingly withheld" information.

It said his non-disclosure was a "source of considerable anger".

BBC    News.

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