Look back at ten of the most infamous and notorious tech industry frauds, flops, and foibles from individuals to products, ideas to entire companies.
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IBM placed Robert W. Moffat on leave following his arrest in October on a securities fraud charge stemming from his involvement in what authorities called the largest hedge fund insider trading scheme in Wall Street history. In March, Moffat pled guilty to leaking insider information to one of the Galleon-led ring's participants. Moffat oversaw IBM's $19 billion Systems and Technology group. His duties were assumed by IBM veteran Rodney Adkins.