Nellor Dzhanardkhan (Janardhan Nellore)

Biography

2019: Earnings of millions of dollars on sale of secrets of Palo Alto Networks company

In the middle of December, 2019 charge that he sold secrets of the company was brought to the former IT administrator of Palo Alto Networks Dzhanardkhan Nellor, having earned at the same time millions of dollars.

He is accused in frauds with securities and also of a plot for commission of these crimes and also theft of confidential data at aggravating circumstances. Nellor had to support the internal financial Palo Alto Networks databases as the IT administrator since 2012 before his dismissal in 2019. In 2015 after increase Nellor got access to non-public information on quarter financial results of the company, including the target and actual accounts and also about growth rates.

Charge that he sold secrets of the company was brought to the former IT administrator of Palo Alto Networks Dzhanardkhan Nellor, having earned at the same time millions of dollars

The IT specialist created a team of four people from whom three were also former employees or contractors of Palo Alto Networks, and organized the fraudulent scheme with sale of the classified information of the company. Affirms that Nellor and his accomplices concluded about 800 security transactions of Palo Alto Networks during the period from March, 2015 to September of the 2018th that made for them illegal profit in the amount of $7 million.

Each of Nellor's charges involves punishment in the form of imprisonment by duration up to 25 years and a penalty in the amount of $250,000. In addition to criminal charges the Commission of the USA on securities and the exchanges accused Nellor and filed a lawsuit the complaint. Palo Alto Networks stated that it actively cooperates with the authorities within investigation. By December 20, 2019 Nellor is in custody since May when it was delayed in attempt to run away abroad. According to messages, FBI agents intercepted Nellor when he tried to sit down on run.^[1]

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