Ex-KIT CEO, Socialite Convicted at Fraud Trial
- Jury agrees the men manipulated shares at technology startup
- Tuzman, Amanat blamed each other for company’s collapse
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Two technology entrepreneurs who rose to prominence in the years before the financial crisis were found guilty of manipulating shares in a digital-video software startup at the center of a complex fraud that spanned from China to Dubai.
Former KIT Digital Inc. Chief Executive Officer Kaleil Isaza Tuzman, a Harvard graduate who spent more than four years at Goldman Sachs Group Inc., and Omar Amanat, a tech-industry socialite who helped produce some of the "Twilight" films, were found guilty Tuesday of all the charges against them by a federal jury in Manhattan.