Shaileshkumar “Sam” Jain, the once popular CEO is a fugitive as declared by the U.S. law making authorities. What’s the accusation against this guy? Shaileshkumar headed several projects that handled the development and release of fake antivirus products.

Shaileshkumar made millions of dollars through his fake venture and soon, the authorities were on to him like vultures. He made a run and now he’s spending his days in Ukraine, hiding from the cops and clearly avoiding all sorts of contact with any person who remotely looks like an investigator, a cop or vice versa.

In 2008, the notorious CEO was asked to show up in a court appearance but he failed to make it. Jain was in charge of a Ukrainian company called Innovative Marketing, which was accused of developing fake antivirus programs by the name of;

-          WinFixer

-          Antivirus 2008

-          VirusRemover 2008

The U.S. authorities have also filed money laundering charges against Jain and they’re making efforts to make collaboration with the overseas Department of Justice. The charges allege that Jain moved millions of dollars to some remote accounts to hide his source of income, which obviously were those fake software programs.

Arrest Warrant Snapshot | Wikipedia Images

Excerpt from his Wikipedia page:

“Jain Shaileshkumar (born February 10, 1970), better known as Sam Jain, is an internet entrepreneur and former CEO of affiliate marketing network eFront, who is currently a fugitive with an arrest warrant in California. In 2000, eFront submitted fraudulent data to Media Metrix, a website ranking publisher. Former President of eFront Jerry Ziegler accused Jain of deliberately falsifying affiliate data, using tactics such as submitting companies which didn’t respond to his affiliate offer as affiliates with the justification that “[i]f they won’t respond to me, they won’t respond to anyone.“

In 2001 Jain was involved in a scandal when ICQ instant messaging logs between him and other employees were leaked onto the internet. The logs detailed activities such as not paying websites that had hosted their banner ads and sending legal threats to websites that spoke poorly of eFront. On April 20, 2005 he was ordered to pay $3.1 million to Symantec for selling counterfeit software and violating intellectual property laws. Case Number 2:04-cv-03017-PA-Mc.”

More Info at: http://en.wikipedia.org/wiki/Sam_Jain