The Cash App founder's alleged killer has been arrested by the San Francisco Police Department.
Does anyone else find it coincidental that Bob Lee founder of CashApp was stabbed to death in San Francisco just as the Federal Reserve Banking System is set to launch its own "CashApp" payment system "FedNow" which is all but a carbon copy, In july
— G-MAN (@GavinClimie) April 6, 2023
Eliminating the competition. pic.twitter.com/1iqAGDorsd
Based on their findings, the suspect behind Bob Lee's murder case was an acquaintance of the tech executive.
SFPD informed Mission Local regarding the arrest on Thursday, Apr. 13. Just like Lee, the alleged stabber is also a tech executive.
He is the owner of Expand IT Inc., a service management solution provider in San Francisco.
Cash App Founder's Alleged Killer Arrested
According to Gizmodo's latest report, SFPD arrested a man named Nima Momeni, Expand IT's owner.
It apparently was not a random big city street crime that the far-right made it out to be. San Francisco police arrested a suspect in the stabbing death of Cash App founder Bob Lee (pictured). Suspect is acquaintance, & fellow tech executive, Lee was seen with in a car earlier. pic.twitter.com/gMRHpF2Zlq
— Mike Sington (@MikeSington) April 13, 2023
Also Read: Remembering Cash App Founder Bob Lee and His Legacy in Tech Industry
Recently, authorities speculated that a robbery attempt caused the murder case of Bob Lee.
However, with their latest findings, they discovered that Lee's death resulted from a fight between him and Momeni.
The San Francisco Police Department officials said that Lee and Momeni were familiar with one another.
SFPD explained that Momeni and Lee were arguing in the suspect's car. The fight happened inside the vehicle registered to Momeni.
Bob Lee, a leftist multimillionaire tech entrepreneur who created CashApp, was stabbed to death at 2:30am yesterday on a main street in San Francisco. Bob should have crossed the street. pic.twitter.com/HIQv2UXRNW
— David Vance (@DVATW) April 5, 2023
Their conflict continued after Lee exited the car. Because the problem was not resolved, Nima allegedly stabbed Bob multiple times using a knife, which was recently recovered near the crime scene.
The San Francisco Police Department is still investigating the root cause behind the fight between Momeni and Bob Lee.
Who is Nima Momeni?
Based on his official LinkedIn account, Nima Momeni is a Californian resident. He studied at the University of California Berkeley.
Momeni is an IT consultant and an entrepreneur with virtualization, cloud computing, servers, project management, and other similar skills.
He has already worked for numerous IT solutions providers, such as Coast Range IT, Marfic, and Diablo IT.
After that, he became the owner of Expand IT Inc. back on April 10, 2010.
If you want to learn more about the alleged stabbing of Bob Lee, you can click this link.
As of press time, it is still unclear why he killed Bob Lee or why he became the main suspect in the Cash App founder's death.
Aside from Bob Lee, we wrote numerous stories about tech executives and celebrities.
These include the man behind the Tesla of the Airplanes, Richard Chandler.
We also reported about Elon Musk's private jet purchase.
For more news updates about tech executives, keep your tabs open here at TechTimes.
Related Article: Cash App's Bob Lee Update: San Francisco PD Investigation on Killer Suspect
