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Translated by MOS English Team-Jack H
As news published in the US Department of Justice website on May 9th, a federal judge in Greenville, Tennessee sentenced Xiaorong You, also known as Shannon You, 59-year-old woman of Lansing, Michigan, to 14 years in prison on charges of stealing trade secrets, engaging in economic espionage and committing fraud. The defendant was also ordered to serve three years of supervised release and pay a $200,000 fine.
According to court documents, the defendant took advantage of her work at Coca-Cola and Eastman Chemical Company to steal a confidential BPA-free paint formulation for the interior of beverage cans with worth $120 million. Then she set up a new company in Communist China to produce the formulated coating and received millions of dollars in the Chinese Communist Party (CCP) government’s grants, besides the “Thousand Talents Program” Award.
The DOJ said developing BPA-free paint is expensive and time-consuming. The defendant stole this technology not only for herself, but also for the benefit of the CCP government, which brought a devastating blow to the victim companies and seriously threatened the economic security of the victim companies and the whole US country.
Reference link: https://gnews.org/post/p2504848/
Proofread /Edited by: Summerfire
Posted by: Summerfire
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