After an international manhunt, authorities in the African nation arrested Alexander in the capital city of Windhoek after a court there issued a warrant at the request of the U.S. government, according to U.S. prosecutors.
Alexander and others at a cell phone software maker based in New York backdated millions of stock options to days when the shares were trading at lower prices, allowing executives to reap substantial gains.
The indictment also seeks the forfeiture of $138 million in Alexander’s assets.
“We are very grateful for the Namibians’ swift action and commend them for their vigilance,” Roslynn Mauskopf, the U.S. Attorney for the Eastern District of New York, said in a statement. “We intend promptly to seek the return of the defendant to the United States to answer the serious charges now pending against him.”
Alexander, 54, is due to appear in Namibian court early Thursday morning, said James Margolin, a spokesman for the Federal Bureau of Investigation.