CEO of ‘child-safe’ smartphone startup accused of embezzling company funds to buy escort a Lamborghini (opens original article in a new tab)

A Phoenix entrepreneur and co-founder of Cyber Dive, Jeffrey Gottfurcht, is facing federal wire fraud charges for allegedly embezzling $1.5 million from his company to buy a Lamborghini, a diamond ring, and a Miami home for an escort. He also faces domestic violence charges and is accused of making false investment claims.

• CEO of Cyber Dive accused of embezzling $1.5 million from company to buy luxury items for an escort.
• Gottfurcht also faces domestic violence charges and false investment claims.
• FBI affidavit reveals he used fake sales data and falsely claimed company acquisitions by major firms.