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Israeli high-tech fugitive sought by U.S. escaped to Sri Lanka: Report(Updated 02:17 p.m.)




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Thursday, August 24, 2006
JERUSALEM (AP)


An Israeli newspaper reported Thursday that Kobi Alexander, the voicemail technology fugitive wanted in the U.S. on stock option manipulation charges, has escaped to a small fishing village in Sri Lanka.

The Maariv daily said a private Israeli investigator tracked down Alexander.

Alexander, a dual citizen of Israel and the U.S., is the former chief executive of U.S.-based Comverse Technology Inc. He and two other former top executives of the company are wanted in the U.S. on suspicion of having secretly manipulated stock actions for profit.

The two other executives have turned themselves in to U.S. authorities, but Alexander disappeared _ after having transferred $57 million to Israel.

Maariv said the private investigator, Moshe Buller, discovered Alexander's whereabouts through an Internet phone call placed by the fugitive. Buller, who was hired by a U.S. venture capital company, was out of the country and refused to comment on the report, the newspaper said.



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