Ex-DuPont Scientist Pleads Guilty to Stealing Company Trade Secrets
By Press
From the Associated Press, via Forbes.com, a story concerning a former DuPont senior scientist, Gary Min, also known as Yonggang Min, who faces up to 10 years in prison after admitting that he stole trade secrets from the company. Min pleaded guilty in November to stealing trade secrets, but the case was not unsealed by federal prosecutors until yesterday. Min is facing the standard economic espionage penalty: up to 10 years in prison and a fine of $250,000. He will be sentenced March 29.
The Delaware U.S. Attorney say the market value of the confidential DuPont technology accessed by Min exceeds $400 million.
DuPont officials said they discovered that Min had accessed and downloaded thousands of confidential company documents only after he submitted his resignation in December 2005 to take a job with Victrex plc, a British-based competitor. DuPont immediately notified the FBI and Commerce Department.
The Delaware U.S. Attorney say the market value of the confidential DuPont technology accessed by Min exceeds $400 million.
DuPont officials said they discovered that Min had accessed and downloaded thousands of confidential company documents only after he submitted his resignation in December 2005 to take a job with Victrex plc, a British-based competitor. DuPont immediately notified the FBI and Commerce Department.
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