McAfee Anti-fraud Researcher Charged With Fraud
One of the researchers behind ScanAlert, the "Hacker Safe" certification company McAfee recently acquired, is facing fraud charges in Indiana.
Brett Oliphant, whose title had been vice president of security services before the Napa, California, company was acquired by McAfee in January, is facing 11 counts of securities fraud in transactions that allegedly brought in more than US$1.215 million.
Oliphant and his brother Bryan were charged in December. Their trial is set for Nov. 18 at the Elkhart County Superior Court in Indiana.
ScanAlert built technology for auditing and then certifying Web sites as "Hacker Safe." McAfee paid $54.9 million for the company in January and has since renamed the certification service "McAfee Safe."
Ironic is barely sufficient to describe this.