Former Cisco exec is fugitive from justice

The U.S. Attorney's Office for the Northern District of California has issued an arrest warrant for Robert Gordon, a former Cisco Systems Inc. vice president who is under indictment for wire fraud.

Authorities consider Gordon a fugitive from justice, according to a statement from the U.S. Department of Justice.

Gordon, 42, was the former vice president and director of business development at Palo Alto, Calif.-based Cisco. On May 9, 2001, he was indicted (download PDF) by a grand jury in San Jose on two counts of wire fraud.

The government has moved to forfeit a US$5 million bond posted by Gordon as well as the equity in his Palo Alto home.

Gordon failed to appear Tuesday before U.S. District Judge Jeremy Fogel for a status hearing on his plea negotiations with the government.

Gordon was accused of transferring about $11 million in stock and company funds to his personal accounts in the Bahamas.

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