Federal Government Indicts Pair for Economic Espionage and Theft of Trade Secrets

Posted on October 31, 2007 by Erika Birg

WebWire reports: http://www.webwire.com/ViewPressRel.asp?aId=50093

Economic Espionage and Theft of Trade Secrets – On Sept. 26, 2007, Lan Lee and Yuefei Ge were charged in a superseding indictment the Northern District of California on charges of economic espionage and theft of trade secrets. The indictment alleges that the pair conspired to steal trade secrets from two companies and created a new firm to create and sell products derived from the stolen trade secrets. The charges also allege that Lee and Ge attempted to obtain funds for their new company from the government of China, in particular China’s General Armaments Division and China’s 863 Program, otherwise known as the National High Technology Research and Development Program of China. The case was investigated by the FBI.

Strategy Page also discussed the case recently: http://www.strategypage.com/htmw/htintel/articles/20071002.aspx.

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