A woman in the US state of Michigan was sentenced to 14 years in prison for a scheme to steal trade secrets, engage in economic espionage and commit fraud, the
https://www.afinalwarning.com/513927.html (Natural News) Chinese-born American immigrant You Xiaorong was convicted on April 22 for stealing trade secrets worth $120 million from several companies, including American firms. The 59-year-old, who is also known as Shannon You, was working alongside her Chinese associates to start a company in China using stolen BPA-free coating technology. Besides establishing this new company, prosecutors also argued that her purpose for stealing was to benefit the Chinese Communist Party (CCP).
After a 12-day trial, You was found guilty of conspiracy to commit economic espionage, conspiracy to commit trade secret theft, possession of stolen trade secrets, economic espionage and wire fraud.
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(AGENPARL) – WASHINGTON (D.C.), gio 22 aprile 2021
WASHINGTON – A federal jury in Greeneville, Tennessee, convicted a U.S. citizen today of conspiracy to steal trade secrets, economic espionage and wire fraud.
Following a twelve-day trial, Dr. Xiaorong You, aka Shannon You, 59, of Lansing, Michigan, was convicted of conspiracy to commit trade secret theft, conspiracy to commit economic espionage, possession of stolen trade secrets, economic espionage, and wire fraud. You was originally indicted in February 2019 for trade secret offenses and wire fraud, and was charged in a superseding indictment with economic espionage and conspiracy to commit economic espionage in August 2020.
According to court documents and evidence presented at trial, You stole valuable trade secrets related to formulations for bisphenol-A-free (BPA-free) coatings for the inside of beverage cans. You was granted access to the trade secrets while working at The Coca-Cola Company in Atlanta, Georgia, a
A Lansing chemist was convicted Thursday of conspiracy to steal trade secrets, economic espionage and wire fraud, according to the U.S. Department of Justice.
Xiaorong You, also known as Shannon You, was convicted after a 12-day trial of stealing trade secrets from Coca-Cola and Eastman Chemical Co. when she worked there, according to a DOJ press release.
You stole trade secrets related to information about BPA-free coatings for the inside of beverage cans and set up her own BPA-free coating company in China, according to the DOJ news release. The stolen trade secrets cost nearly $120 million to develop.
You and her Chinese corporate partner, Weihai Jinhong Group, received millions of dollars in government grants in China to support the new company, according to the release.