Tech CEO sentenced to 5 years in IP address scheme. Hashtags: #TechCEO #Sentencing #IPAddressScheme #WireFraud

Amir Golestan, former CEO of Micfo, sentenced to 5 years in prison for wire fraud. Hashtags: #AmirGolestan #Micfo #WireFraud

Golestan used a network of phony companies to obtain over 735,000 IP addresses. Hashtags: #PhonyCompanies #IPAddressScheme

ARIN sued Golestan and Micfo for obtaining IP addresses under false pretenses. Hashtags: #ARIN #Lawsuit

Golestan pleaded guilty to 20 counts of wire fraud and used shell companies to secure the addresses. Hashtags: #WireFraud #ShellCompanies

Golestan's sentence sends a message of deterrence to others engaging in fraudulent schemes. Hashtags: #Deterrence #FraudScheme #Sentencing

Micfo was involved in brokering IP addresses for VPN providers. Hashtags: #Micfo #IPAddresses #VPNProviders

IPv4 addresses have become a valuable commodity in the market. Hashtags: #IPv4Addresses #Commodity

Golestan will serve 60 months in prison and pay restitution to ARIN. Hashtags: #PrisonSentence #Restitution

https://krebsonsecurity.com/2023/10/tech-ceo-sentenced-to-5-years-in-ip-address-scheme/