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Keyword: economicespionage

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  • A recent spy case shows how China has been able to pull off its whirlwind military modernization

    12/13/2021 10:18:29 PM PST · by blueplum · 16 replies
    Business Insider ^ | 13 December 2021 | Stavros Atlamazoglou
    ....According to the FBI and Department of Justice, Xu had since 2013 used multiple aliases to target US and third-country aviation companies and experts in that field. He would invite them to China on academic pretexts and then slowly lure them to espionage. Xu's arrest and conviction are unique and shed light on a shadowy conflict in which Beijing is trying to wrestle global supremacy from the US using any means possible. Military secrets aren't the only target. The US's top counterintelligence agency estimates that Beijing steals $200 billion to $600 billion worth of economic secrets from the US every...
  • Chinese National Charged with Economic Espionage Involving Theft of Trade Secrets...

    09/01/2010 2:02:34 AM PDT · by Cindy · 8 replies · 1+ views
    NOTE The following text is a quote: Chinese National Charged with Economic Espionage Involving Theft of Trade Secrets from Leading Agricultural Company Based in Indianapolis WASHINGTON—Kexue Huang, aka John, 45, has been arrested and charged in a 17-count indictment with economic espionage intended to benefit a foreign government and instrumentalities, and interstate and foreign transportation of stolen property, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division and U.S. Attorney Timothy M. Morrison for the Southern District of Indiana. Huang was arrested on July 13, 2010, in Westborough, Massachusetts by FBI agents, and today made his initial appearance...
  • Boeing Engineer Convicted of Economic Espionage of Space Shuttle Secrets for China

    07/16/2009 4:15:01 PM PDT · by Larry381 · 14 replies · 868+ views
    Department of Justice ^ | July 16, 2009 | United States Attorney's Office Central District of California
    SANTA ANA, CA—A former Rockwell and Boeing engineer from Orange County was remanded into custody this morning after a federal judge convicted him of charges of economic espionage and acting as an agent of the People’s Republic of China, for whom he stole restricted technology and Boeing trade secrets, including information related to the Space Shuttle program and Delta IV rocket. Dongfan “Greg” Chung, 73, of Orange, Calif., who was employed by Rockwell International from 1973 until its defense and space unit was acquired by Boeing in 1996, was found guilty by United States District Judge Cormac J. Carney, who...
  • Harper Government 'concerned' about Chinese espionage

    04/15/2006 7:16:59 PM PDT · by Caged in Canuckistan · 6 replies · 535+ views
    CTV | Robert Fife
    Harper Government 'concerned' about Chinese espionage CTV.ca News Staff The federal government is "concerned" that Chinese spies are stealing Canada's industrial and high-technology secrets, Foreign Affairs Minister Peter MacKay told CTV. "We're very concerned about economic espionage," MacKay said in an interview with CTV's Question Period, to be broadcast Sunday on CTV at 12 p.m. ET. While in opposition, the Conservatives challenged the Liberal-led government to act on reports of Chinese espionage. While acting as the Conservative foreign affairs critic, Stockwell Day called on former prime minister Paul Martin to address the issue during a visit to Beijing in January...
  • Ex-Transmeta Workers Must Face Espionage Trial

    11/05/2003 11:16:58 AM PST · by NativeNewYorker · 140+ views
    Bloomberg no url | 11/4/3
    Nov. 5 (Bloomberg) -- Two former Transmeta Corp. workers must stand trial on charges they stole trade secrets from their employer and Sun Microsystems Inc. to help a Chinese company manufacture microprocessors, a judge ruled. U.S. District Judge James Ware in San Jose, California, rejected Fei Ye and Ming Zhong's request to dismiss the government's trade secrets case. Their lawyers argued the charges, brought under the U.S. Economic Espionage Act, were unconstitutional. The case against the engineers is the second time the U.S. government has brought charges under the provisions of a 1996 act intended to protect trade secrets. The...
  • FBI chief says economic espionage costs U.S. $200 billion annually

    06/21/2003 5:42:16 AM PDT · by sarcasm · 2 replies · 113+ views
    Bloomberg ^ | June 20, 2003
    <p>Foreign spying on U.S. companies costs Americans about $200 billion a year, as economic espionage has increased since the Cold War ended, FBI Director Robert Mueller said Friday.</p> <p>University students, business executives and company insiders have been trying to steal technology, trade secrets and manufacturing processes, Mueller said in a speech at the National Press Club in Washington.</p>