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The lead investor of a company that was sold to San Diego’s Qualcomm for more than $150 million pleaded guilty Thursday to a federal money laundering charge.

Prosecutors allege the sale was really part of a fraudulent scheme involving a former Qualcomm employee, Karim Arabi.

Ali Akbar Shokouhi, 64, of San Diego, was charged last year for his role in allegedly selling a microchip technology start-up known as Abreezio to the San Diego tech giant in 2015.

Though the sales pitch represented that Abreezio’s technology was invented by a Canadian grad student, prosecutors said it was not disclosed that the student was Arabi’s sister.

Arabi actually created the technology at issue and did so while working as a vice president of research and development at Qualcomm, according to the U.S. Attorney’s Office.

Prosecutors said Arabi’s employment agreements held that inventions he created would belong to Qualcomm, so the defendants hid his involvement with Abreezio.

Shokouhi, also a former Qualcomm employee, was actively involved in obscuring Arabi’s connection to Abreezio, according to his plea agreement. This included referring to Arabi by another

name in his text messages with co-defendants.

Abreezio’s ex-CEO, Sanjiv Taneja, 60, of Cupertino, also pleaded guilty earlier this year to a money laundering charge.

Once Qualcomm began investigating the transaction, Arabi told Taneja to delete their email correspondence, the U.S. Attorney’s Office said.

Prosecutors say the defendants laundered the money they received from the Abreezio sale through foreign real estate purchases and interest-free loans.

Shokouhi and Taneja await sentencing, while Arabi’s case continues. He is due back in court next month.

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