A venture capital exec facing insider trading and fraud charges has vanished
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Ahmed's on the run like Frank Abagnale Jr.
Iftikar Ahmed was arrested back in April and criminally charged for insider trading.
He allegedly colluded with a friend whose wife was the general counsel at an India-based tire company that was planning to acquire another company.
The friend, Amit Kanodia, allegedly tipped Ahmed off before the attempted deal, and Ahmed reportedly made more than $1 million from the information.
Now he's nowhere to be seen.
The SEC says he left the country, and a federal judge in Connecticut, where Ahmed lives, granted a request to freeze his assets.
He was also facing civil charges from the SEC.
Ahmed, who is reportedly a Harvard Business School grad, faces a $5 million fine and up to 20 years in prison.
That is, if officials catch up to him.
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