Feds Bust Chinese Firm's Hybrid Car Data Heist

Posted by timothy on Thursday July 22, 2010 @10:03AM from the pesky-agents-of-the-f-b-i dept.

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."

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Is Turnaround Fair Play? by fullback · 2010-07-22 19:03 · Score: 0, Offtopic

I wonder if the FBI will be arresting their own people and NSA employees for wiretapping and electronically intercepting proprietary information (including patented information) and company secrets of Japanese and European companies, then passing those trade secrets on to US companies? What do you think?