Gordon is accused of fraudulently acquiring 30,000 shares in Internet Security Services Group Inc., transferring them to his own off-shore company, then selling them for around $5 million. He allegedly invested most of the proceeds in Spanlink Communication Inc., a communications company that became the target of investment by Cisco. Gordon then allegedly received $10 million from Spanlink.
Assiciated Press reports that Cisco reported Gordon’s activities to the authorities and that he no longer works with the company.