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Former CEO of Technology Company Pleads Guilty to Investment Fraud Scheme


The former chief executive officer and co-founder of Trustify, Inc., a privately-held technology company founded in 2015 and based in Arlington, pleaded guilty last week to his involvement in a fraud scheme resulting in millions of dollars of losses to investors.
Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division, U.S. Attorney G. Zachary Terwilliger for the Eastern District of Virginia, and Assistant Director in Charge Steven M. D’Antuono of the FBI’s Washington Field Office made the announcement.
Daniel Boice, 41, of Alexandria, pleaded guilty to one count of securities fraud and one count of wire fraud before Senior United States District Judge T.S. Ellis III of the Eastern District of Virginia. Sentencing is scheduled for March 19, 2021. ....

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