Ex-DuPont Scientist Gets 18 Months for Theft of Trade Secrets
By Press
From the International Herald-Tribune, a follow-up on our story from last February concerning former DuPont scientist, Gary Min, a Chinese national who pled guilty to stealing trade secrets from his employer.
According to the story, "while the fair market value of the confidential DuPont technology accessed by Min exceeds $400 million by some estimates, the government pegged DuPont's loss at about $180,500 in out-of-pocket expenses, and Min was ordered to pay only about $14,500 in restitution." In addition to the 18 months in prison, Min was also fined $30,000.
According to DuPont, after Min resigned in December 2005 to take a job with Victrex plc, a British-based competitor, the company discovered that Min had accessed and downloaded thousands of confidential company documents. Investigators also found that Min had uploaded DuPont documents to his new employer's computer, but no evidence that he sold or otherwise disseminated the information.
According to the story, "while the fair market value of the confidential DuPont technology accessed by Min exceeds $400 million by some estimates, the government pegged DuPont's loss at about $180,500 in out-of-pocket expenses, and Min was ordered to pay only about $14,500 in restitution." In addition to the 18 months in prison, Min was also fined $30,000.
According to DuPont, after Min resigned in December 2005 to take a job with Victrex plc, a British-based competitor, the company discovered that Min had accessed and downloaded thousands of confidential company documents. Investigators also found that Min had uploaded DuPont documents to his new employer's computer, but no evidence that he sold or otherwise disseminated the information.
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