Justice Department accuses former Silicon Valley Bank exec of altering letters

The U.S. Department of Justice has accused a former Silicon Valley Bank vice president of submitting false and altered documents to federal court for his sentencing in his securities fraud case.

Mounir Gad, 35, of Los Gatos, California, who had pleaded guilty to securities fraud in June, is accused of changing letters sent to the court that praised his “good character.”

It turns out that parts of the letters were bogus.

For his sentencing hearing, Gad submitted 12 letters of support. The court…

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