A number of companies are trying to feed off the corporate detritus left by the Entellium mess.
So far this week, I’ve seen two three press releases from companies looking to pick up Entellium’s customers following wire fraud charges last week for the Seattle company’s top two executives.
Here’s how one started from Vancouver, B.C.-based Maximizer Software:
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A move to gobble up Entellium customers
October 16th, 2008 · 6 Comments · Uncategorized, Venture
Prosecutor: CEO used Entellium as ‘piggy bank’
October 10th, 2008 · 19 Comments · Venture
Former Entellium Corp. CEO Paul Johnston was deemed a flight risk and ordered to remain in detention Friday afternoon after a federal prosecutor revealed new details about his alleged financial misdeeds, saying Johnston used the company as his “personal piggy bank.”
Investigators have not been able to account for about $9.6 million in Entellium funds that [...]
