ARCA Space Corporation CEO Dumitru Popescu was in a New Mexico jail on Sunday night after being arrested and charged of fraud, embezzlement and forgery.

The Romanian-born Popescu faces 13 counts of fraud, five counts of embezzlement and one count of forgery, according to an online arrest report. Popescu was arrested in Jonesboro, Georgia on Nov. 8 and then extradited to Dona Ana County, New Mexico. He is being held without bond.

It’s unclear whether the charges are related to ARCA Space, which is located in Dona Ana County. The company is developing a rocket booster it plans to launch from Spaceport America.

UPDATE: The Las Cruces Sun-News has a bit more on the case: