The US Department of Justice declined to comment on the plea.
"He came in here with this plea agreement which protects him in many ways, including his assets, from further risk.
Loonam said the defendant and his wife have a net worth of 0 million.
"I deeply regret having participated in this conduct," Alexander told the judge.
After 10 years on the lam in Namibia, ex-Comverse Technology CEO Jacob (Kobi) Alexander pleaded guilty Wednesday to securities fraud in Brooklyn Federal Court, then promptly thrown in jail by an irate judge who refused to release the fugitive fraudster on million bail.
Judge Nicholas Garaufis administered an epic thrashing to Alexander and defense lawyer Ben Brafman, ridiculing their argument that the defendant had returned to the U. "voluntarily" and could be trusted to return to court for sentencing in December.