Feds Bust Chinese Firm's Hybrid Car Data Heist
coondoggie writes "An FBI investigation has led a Michigan couple to be charged with stealing hybrid car information from GM to use in a Chinese auto outfit. A federal indictment charged Yu Qin, aka Yu Chin, 49, and his wife, Shanshan Du, aka Shannon Du, 51, of Troy, Michigan with conspiracy to possess trade secrets without authorization, unauthorized possession of trade secrets, and wire fraud. One of the individuals was also charged with obstruction of justice, said Barbara McQuade, United States Attorney for the Eastern District of Michigan in a statement. GM estimates that the value of the stolen documents is over $40 million."
Yu got served.
Give me Classic Slashdot or give me death!
Now theirs will crash just like ours!
Way to go, FBI. We're already trying our best to fight the Chinese government's dragging their heels on environmental reform. Now we want them to do it without stealing any green technologies?
DRM: Terminator crops for your mind!
"GM estimates that the value of the stolen documents is over $40 million."
Is that using the same method of value calculation that the RIAA / MPAA use?
Take Nobody's Word For It.
Hiring an actual American worker .....now THAT'S unusual!!!!
Be sure to send all your money to Wall Street...
If I recall correctly we busted the Russians good. They stole some oil pipeline control software, and we knew they were going to steal it. So we wrote in some malware and a few months later, boom, one of their pipelines explodes because of said malware. The Japanese let the Chinese steal a design for bad capacitors which ended up in everyone's electronics. Perhaps we should let them have a design for a car who's doors weld themselves closed and then the engine catches fire.
Job? I don't have time to get a job! Who will sit around and bitch about being broke and unemployed then?
If anyone at GM had any common sense, they'd be encouraging the rest of the world to copy their business, it could save the company.
Probably just a list of what "Made in China" parts to use from what supplier and how to put them together. :)
Gas mileage is horrible in small turbo diesels. Have you ever tried running them on gas? Terrible.
Learn to love Alaska