The Fremantle exec who fell sufferer to a $1M pretend M&A rip-off has exited the enterprise.
Fremantle confirmed Southern Europe CEO Jaime Ondarza‘s departure following native studies.
Final month, he was revealed to have been focused by cyber criminals who posed as a senior Fremantle chief needing funds for an organization acquisition in Asia. In accordance with the Corriere Della Sera newspaper, the scammers satisfied Ondarza to switch €937,670 ($1M) to an account in Asia in what is called ‘CEO fraud.’ The proprietor then scattered the cash to dozens of different worldwide accounts (IBANs), that means the money is sort of unimaginable to hint. Fremantle not too long ago acquired 80% of Singapore’s Seashore Home Footage.
A Fremantle spokesperson acknowledged the cyber incident on the time and stated the super-indie was “working with the related authorities to resolve this matter.”
Ondarza’s exit comes simply greater than a 12 months after he joined from Paramount International. His Rome-based function noticed him tasked with overseeing Fremantle’s manufacturing companies in France, Israel, Italy, Portugal and Spain, with labels together with Lux Vide and Abot Hameiri.
Fremantle declined touch upon Ondarza’s departure or succession plans.