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Ex-Entellium Execs Plead Guilty to Fraud

Seattle-based Entellium’s former CFO, Parrish Jones, pled guilty to one count of wire fraud in U.S. District Court today, as reported by the Seattle Times and TechFlash. Jones faces 33 to 41 months in prison for his alleged role in falsifying company revenues. Last week, Entellium’s former CEO Paul Johnston also pled guilty to fraud, and could face four to five years in prison. Both men will be sentenced on March 13.

Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.

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