The indictment also charged Alexander with operating a slush fund.
The Securities and Exchange Commission filed similar civil charges against Alexander — who fled with his wife and three kids before the indictment was unsealed.
The 64-year-old former chief executive of New York-based Comverse Technology had been living a life of luxury in Namibia, in southwest Africa — in a ritzy neighborhood near a private airstrip.
Comverse Technology, Inc., founded in Israel, was a technology company located in Woodbury, New York in the United States, that developed and marketed telecommunications software.
The company focused on providing value-added services to telecommunication service providers, in particular to mobile network operators.
Comverse Technology had several wholly or partly owned subsidiaries.
The name "Comverse" is a fusion of the words "communication" and "versatility".