Interim CEO of MoviePass parent has history with firm accused of fraud

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Interim CEO of MoviePass parent has history with firm accused of fraud
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The new interim CEO of MoviePass' owner had deep ties to an Indian company accused of massive fraud

Last week, Helios and Matheson appointed a new interim CEO, Parthasarathy "Pat" Krishnan, an executive with deep ties to its former parent company, Helios and Matheson Information Technology , which hasKrishnan's involvement in Helios and Matheson predates the Farnsworth era by a decade.when the Indian tech company bought Maruthi Consulting, the California-based consulting firm he cofounded.

, Krishnan is a point of continuity between the two. He served as chief innovation officer during Farnsworth's tenure as CEO of the New York company.In India, HMIT was accused of defrauding thousands of creditors, including banks and senior citizens,. In 2016, a judge in Chennai ordered the liquidation of HMIT and its assets to pay back creditors.

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