InvestorsHub Logo
Followers 28
Posts 2316
Boards Moderated 0
Alias Born 10/30/2013

Re: es1 post# 104222

Thursday, 03/10/2016 10:40:20 AM

Thursday, March 10, 2016 10:40:20 AM

Post# of 279898
Ford isn't worried?

"But if you are Ford motor company you are not worried about fake mustangs. It takes too many involved to produce a mustang to have them all in on a fake "


Ford
WHAT HAPPENED: According to the U.S. Attorney for the Eastern District of Michigan, Xiang Dong Yu stole 4,000 design documents from Ford Motor Company before heading off to a job with "the China branch of a U.S. company" in December 2006.
FALLOUT: Yu was arrested in 2009 upon returning to the U.S, and pled guilty in April 2011 to two counts of theft of trade secrets. He was sentenced to nearly six years in jail and subsequent deportation.

And here's another example a bit closer to home:

University of Wisconsin
WHAT HAPPENED: A research assistant named Huajun Zhao was accused in April of having stolen samples of an experimental cancer treatment substance from the office of a professor, apparently with the aim of obtaining research funding in China. He even attempted to delete the professor's original records in order to solidify the impression that he had created the treatment in the first place.
FALLOUT: Zhao accepted a deal last week that dropped a more serious economic espionage charge in exchange for a guilty plea to computer fraud, according to local news. He was sentenced to time served, plus two years of supervised release.

http://www.networkworld.com/article/2356809/security/115080-Red-handed-The-9-ugliest-allegations-of-China-based-IP-theft.html#slide8

Get your M4N and your C4F!!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News