Friday, July 23, 2010

Couple Charged Over Hybrid Car Industrial Espionage Plot

Via The Register UK -

A Michigan couple faces charges of stealing industrial secrets on hybrid cars from GM before attempting to sell the data to a Chinese auto manufacturer.

Yu Qin, 49, and his wife, Shanshan Du, 51, of Troy, Michigan have been charged with four offences, including unauthorised possession of trade secrets and wire fraud under an indictment unsealed on Thursday. GM reportedly places a value of $40m on the stolen documents.

Former GM worker Du allegedly copied thousands of sensitive documents onto a hard disk after she was offered a severance agreement in January 2005. This hard drive was used by Millennium Technology International, a firm run by the two defendants, which months later allegedly offered hybrid vehicle technology to Chery Automobile in China.


No comments:

Post a Comment