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He sold the company to Mobilocity, Inc. After financial restructuring and key acquisitions ROO, an Internet video technologies company, became one of the leading end-to-end IP video providers under the new name of KIT digital.
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He sold the company to Mobilocity, Inc. This scheme, designed to fraudulently inflate the revenue of KITD, involved the use amish dating online improper revenue recognition and sham round trip transactions.
The third scheme involved an accounting fraud that took place over a two-year period beginning in Following the burst of the " dot-com bubble " govWorks was sold to First Data Corp.
Under his leadership, the company grew to become a leading company in delivery of syndicated foreign television content over the Internet around the globe.
In lateTuzman sold in the public market a substantial portion of his shareholding interest in JumpTV, which subsequently floundered after his departure.
Together with Omar Amanat and Stephen Maiden, manager of the Maiden Capital hedge fund,  they were charged with a series of crimes related to three criminal "schemes".
The journey from the company's founding to its sale was chronicled in a documentary Startup. The journey from the company's founding to its sale was chronicled in a documentary Startup.
Over the course of a six-week trial they detailed the fraud for the jury, including the roles of Tuzman and Amanat in orchestrating it.
The conditions at La Picota prompted his legal team to file a complaint with the Inter-American Commission for Human Rights part of the Organization of American Stateswhich was signed by over other inmates citing numerous abuses such as lack of medical care, lack of running water, extortion, etc.
Tuzman was also co-founder of govWorks.
Kaleil Isaza Tuzman movies (actor)
Entrepreneurial life[ edit ] After graduating from Harvard UniversityTuzman worked for five years at Goldman Sachsbefore launching govWorks, Inc. After his departure, Tuzman made public bids to acquire the company in several open letters to KIT digital's board of directors, believing the company was being purposefully mismanaged to bankruptcy by insiders.
Tuzman started his career at Goldman Sachs and has worked in the digital media industry for more than 20 years, serving as President of JumpTV and chief executive officer and chairman of KIT digital, Inc.
Tuzman left KIT digital in April The complaint has been acknowledged by the Commission and has resulted in an investigation into the Colombian prison system.
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