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Scientist to plead guilty to stealing trade secret

Scientist to plead guilty to sending stolen trade secrets worth $300 million to China, Germany By The Associated Press

INDIANAPOLIS (AP) ' A Canadian scientist is expected to plead guilty to charges he sent U.S. trade secrets worth $300 million to China and Germany.

A plea hearing for 46-year-old Kexue Huang (KEH'-shoo wang) is scheduled for Tuesday at the U.S. District Court in Indianapolis.

Chinese-born Huang was indicted in June 2010. He has been charged under the Economic Espionage Act, which was passed in 1996 after the U.S. realized China and other countries were spying on private businesses.

Huang agreed in August to plead guilty to one count of theft and attempted theft of trade secrets to benefit a foreign government and instrumentality. He is accused of stealing information on organic pesticide development from Dow AgroSciences in Indiana.

He faces up to 15 years in prison if his plea is accepted.

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Related Keywords:Economic Espionage,Theft,Espionage,Crime,General news,Corporate crime,Corporate news,Business


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