Former technology executive Robert Scott Murray pleaded guilty to a single count of fraud for a scheme to inflate Getty Images' share price. Once the CEO of 3Com, Murray attempted to manipulate Getty's stock to sell his 300,000 shares for a higher profit. He issued misleading news releases through his venture, Trillium Capital, and announced a false bid to acquire Getty at $10 per share, nearly double the previous closing price. The SEC deemed the bid “false and misleading,” noting Murray quickly liquidated his shares for approximately $1.49 million without securing funds for the acquisition.