Damian Williams, the United States Attorney for the Southern District of New York, announced that JAMES JEREMY BARBERA was convicted today following a one-week jury trial before the Honorable John G. Koeltl. As the jury found, between 2013 and 2020, BARBERA, the founder and former chief executive officer of a New York-based nanotechnology company, Nanobeak Biotech, Inc. (“Nanobeak”), lied to investors and misappropriated investors’ funds. The jury convicted BARBERA of three counts: securities fraud, wire fraud, and conspiracy.
U.S. Attorney Damian Williams said: “As the jury unanimously determined, James Jeremy Barbera lied to investors about his company’s technology and stole millions of dollars of investor funds intended for research and development. Barbera then tried to cover up his misconduct by providing false financial information to investors and the company’s board of directors. Now he awaits sentencing for his crimes.”
According to the Indictment, evidence presented during trial, court documents, and statements in open court:
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