New York: An Indian-origin former employee of Cisco Systems has been arrested and charged with a criminal complaint alleging he defrauded a technology major of more than USD 9.3 million.

Prithviraj Bhikha, 50 was charged in a criminal complaint with wire fraud, US Attorney David Anderson and Federal Bureau of Investigation Special Agent in Charge John Bennett have said.

The criminal complaint was unsealed Monday following Bhikha's arrest on March 1 at the San Francisco International Airport.

Bhikha made his initial appearance Monday morning in federal court before US Magistrate Judge Joseph Spero and has been released on a USD three million bond.

His next court appearance is scheduled for March 18 for arraignment. If convicted on the charge in the criminal complaint, he faces a maximum sentence of 20 years' imprisonment, and a fine of USD 250,000 along with restitution.

According to an affidavit filed by a special agent of the Federal Bureau of Investigation, Bhikha of San Francisco was employed until mid-2017 by Cisco as a director in its global supply unit in San Jose. That unit was in charge of working with suppliers and vendors to obtain parts for Cisco products.

In around 2013, Bhikha is alleged to have begun advocating within Cisco for the approval of a new project, of which he would be in charge, the goal of which was for Cisco to retain third-party vendors to negotiate savings with manufacturers on small parts used in Cisco products.

The complaint affidavit alleges that Bhikha devised, participated in, and executed a scheme to defraud Cisco by establishing overseas business entities, then directing and approving Cisco contracts to these entities pursuant to the project, and failing to disclose his ownership interest in the overseas entities.

The affidavit alleges that Cisco wired approximately USD 6.5 million to one of these entities and approximately USD 2.8 million to another.

More than USD 8.5 million was wired from bank accounts associated with these two overseas entities to US bank accounts either controlled jointly by Bhikha and his wife or by his wife alone.

The complaint affidavit also alleges that, when Cisco employees became suspicious regarding one of Bhikha's overseas entities in 2016, Bhikha and another Cisco employee worked together to create documentation to send to Cisco employees regarding that company.

The other Cisco employee is also alleged to have asked a third party to pose as the CEO of the overseas entity in a meeting with Cisco employees in July 2016.

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Dubai: Smoke was seen rising from an area near the United States Consulate in Dubai, according to witness accounts cited by Reuters.

There was no immediate official confirmation on the extent of damage or whether there were any casualties in the incident.

Earlier, the US embassy in Riyadh, Saudi Arabia’s capital, was also attacked. Authorities reported damage to the premises, but no casualties were recorded.

The developments come amid heightened tensions in the region, with Iran continuing to target US interests in the Middle East following deadly attacks launched on Saturday by Israel and the United States.