The Rot at the Heart of Australia's Tech Boom David Fairfull, the former CEO of Metigy, has pleaded guilty to charges of making false statements to induce investors and dishonestly using his position as director.
His guilty plea has shed light on a years long scheme to swindle millions from high profile backers.
The scam involved forging documents that inflated revenue figures by up to 200 times in an attempt to lure in more investment.