A Chinese national has been sentenced to 29 months in prison after pleading guilty in January to conspiring to steal trade secrets from agricultural company Monsanto to benefit the Chinese government, the U.S. Justice Department said on Thursday
Xiang Haitao, 44, who was employed by Monsanto and a subsidiary from 2008 to 2017, had pleaded guilty in Missouri federal court to one count of conspiracy to commit economic espionage.
“Xiang conspired to steal an important trade secret to gain an unfair advantage for himself and the PRC ,” said Assistant Attorney General Matthew Olsen of the Justice Department’s National Security Division. Federal officials found Xiang in possession of copies of a proprietary predictive algorithm developed by Monsanto as he was waiting to board a flight to China in June 2017, the Justice Department said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wind energy company kills 150 eagles in U.S., pleads guiltyA subsidiary of one of the largest U.S. providers of renewable energy pleaded guilty to criminal charges and was ordered to pay over US$8 million in fines and restitution after at least 150 eagles were killed at its wind farms in eight states, federal prosecutors said Wednesday.
Read more »
Executive at former Canadian energy star Poseidon Concepts sentenced to three years in prison for fraudFormer executive with Poseidon Concepts, Joseph Kostelecky, pleads guilty to falsely reporting $100-million in revenue, sentence to three years for fraud
Read more »
Proud Boys leader pleads not guilty to Jan. 6 chargesProud Boys leader Henry 'Enrique' Tarrio pleaded not guilty on Tuesday to charges that he remotely led a plot to stop Congress' certification of Joe Biden's 2020 victory.
Read more »
Woman pleads guilty after toddler's death in unlicensed Vancouver daycare16\u002Dmonth\u002Dold Macallan was found unresponsive in a playpen at the daycare in January 2017.
Read more »
Man who killed ex-girlfriend and her two children sentenced to life in prisonA judge called Cory Fenn\u0027s actions \u0027horrific\u0027 as he delivered the sentence in court on Tuesday
Read more »