Courtesy of Michael Rothenberg
- Michael Rothenberg became known for his rapid rise to success with his VC firm, Rothenberg Ventures.
- But this week he became yet another Silicon Valley star to be convicted of fraud.
- Rothenberg faces a lengthy prison sentence and hefty fines.
A once high-flying Silicon Valley venture capitalist, whose partying lifestyle inspired an HBO show, has been convicted of committing fraud amounting to $18.8 million.
Michael Rothenberg, 39, was found guilty by a federal jury in California of "wire fraud, money laundering, bank fraud, and making false statements to a bank," according to a press release issued by the US Attorney's Office for the Northern District of California.