World News

Entrepreneur Arrested in Murder of Cash App Founder

AN arrest has been made in the San Francisco stabbing death of 43-year-old tech executive Bob Lee, police announced Thursday.

Nima Momeni, 38, has been booked into San Francisco County Jail on a murder charge, according to records. San Francisco District Attorney Brooke Jenkins said the charge is murder with a special allegation enhancement alleging murder was committed with a knife.

Momeni is said to be a tech entrepreneur himself, someone who lived and worked in Emeryville.

DA Jenkins and San Francisco Police Chief William Scott said in a press conference Thursday that evidence shows Momeni knew Lee and it was not a random street crime. The suspect is being accused of stabbing Lee, the founder of Cash App and the Chief Product Officer of MobileCoin, in the early morning hours of April 4 in the Rincon Hill neighbourhood in San Francisco.Momeni was arrested about eight and a half miles away from San Francisco, on the other side of the Bay Bridge, at his loft in Emeryville on Thursday.

According to the suspect’s LinkedIn page, Momeni ran his own tech company for the past 13 years, called Expand IT, based out of Emeryville.

Within hours of his arrest, his company’s website went dark and phones went unanswered.

His profile also says he graduated from the U.C. Berkeley, was bilingual in Farsi and spent time working as a consultant for other Bay Area companies like Coast Range and Marfic Technologies.

“It’s even more shocking to find out that your neighbour is accused of the murder,” Sam Singer, a neighbour said.

Related Articles

Back to top button