Akari CEO Horn Solomon oust­ed af­ter al­leged­ly abus­ing the com­pa­ny cred­it card

For the sec­ond time in the last 12 months, Akari is abrupt­ly los­ing its CEO amid scan­dal. David Horn Solomon has re­signed af­ter al­leged­ly get­ting caught us­ing the com­pa­ny cred­it cards for per­son­al pur­chas­es.

That’s ac­cord­ing to a sparse­ly word­ed SEC state­ment filed Fri­day, which states Horn Solomon re­signed a few days ago on May 8 fol­low­ing an in­ves­ti­ga­tion by Akari $AK­TX and an in­de­pen­dent law firm. We don’t know how sig­nif­i­cant the charges are, but the state­ment said Akari “does not con­sid­er the amounts charged to be ma­te­r­i­al to the com­pa­ny’s oepra­tions.”

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