We first posted about the arrest and indictment of David Yen Lee of Jersey City, New Jersey here: http://wombletradesecrets.blogspot.com/2009/03/chicago-area-valspar-employee-arrested.html.
Yesterday Mr. Lee pled guilty to the charges of economic espionage. You'll recall that when Mr. Lee resigned and turned in his phone and computer, Valspar found a hidden file containing unauthorized software programs including a data copying program. Data including Valspar trade secrets had been downloaded to the computer without authorization. Mr. Lee had booked a one-way airline ticket from Chicago to Shanghai scheduled to depart shortly after his resignation.
The U.S. Attorney is apparently recommending a sentence of approximately 5 years.