Webtech Wireless Inc. says Scott Edmonds has resigned as its president and chief executive officer, effective Oct. 1.
His departure follows a previously announced discovery of fraud at the telematics company's former U.K. subsidiary that occurred from 2009 to 2012. Edmonds was Webtech's chief financial officer from 2007, when he joined the company, until 2010 when he became its chief executive officer.
Webtech didn't announce a reason for his departure. The chairman of the Vancouver-based company's board of directors, Andrew Gutman, will be interim CEO until a permanent replacement is hired.