Authorities arrested Nima Momeni for allegedly murdering Bob Lee, the founder of the digital platform Cash App. San Francisco Police Department Chief Bill Scott reported that the arrest occurred in Emeryville, Calif., a suburb located north of the city. The detainee will be charged with murder and is expected to be arraigned on Friday.
Lee was stabbed to death last week on Main St., located in the Rincon Hill neighborhood in San Francisco. After finding the body, the city police department began investigations. The victim was transported to the hospital where he was confirmed dead despite medical efforts.