Followup: Ex-Ford engineer sentenced for industrial espionage

Filed under: Etc., Government/Legal, Ford

Xiang Dong YuXiang Dong Yu, the former Ford engineer who was convicted of stealing trade secrets, has officially been sentenced to six years in prison. According to Reuters, the Beijing native was also ordered to pay a fine of $12,500 and will be deported after he serves his prison term. The 49-year-old Yu was arrested in 2009 on charges that he stole documents worth millions of dollars from his former employer during the 10 years that he worked for Ford.

Yu took a job with a U.S.-based company working in China in December of 2006 and copied some 4,000 Ford documents onto a personal hard drive before leaving or notifying the automaker of his new employer. The documents reportedly covered everything from engine and transmission details to electric power supply systems – all bits of information that would be incredibly tasty to China’s growing automotive industry. Yu eventually took a position with Beijing Automotive Corporation.

[Source: Reuters]

Followup: Ex-Ford engineer sentenced for industrial espionage originally appeared on Autoblog on Wed, 13 Apr 2011 18:01:00 EST. Please see our terms for use of feeds.

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Report: Renault admits wrongful termination in espionage case

Filed under: Europe, Government/Legal, Hirings/Firings/Layoffs, Renault

Paris prosecutor Jean Claude Marin charges Renault employee

Renault says it wrongfully fired three of its executives, Michael Balthazard, Bertrand Rochette and Matthieu Tenenbaum, on suspicion of industrial espionage. The admission comes after French authorities looked into the company’s dismissal of the men and determined that Renault’s accusations against them were baseless.

Now, Renault has the embarrassing task of meeting with the execs and figuring out a way to compensate them for the loss of their jobs and the scrutiny that comes with this kind of accusation. Renault originally claimed that the execs had satellite bank accounts in Switzerland and Lichtenstein where they hid funds for spying.

Renault says it’s now looking at another employee as a possible spying suspect. Renault is also imposing sanctions against those who were involved in the original terminations, including Dominique Gevrey, the head of security who led the original investigation. Gevrey has been charged by French authorities, led by Paris prosecutor Jean Claude Marin (above) with organized fraud for his hand in the firings. Thanks for the tip, Jason!

[Source: Financial Times via Business Week | Image: Christophe Ena/AP]

Report: Renault admits wrongful termination in espionage case originally appeared on Autoblog on Mon, 14 Mar 2011 15:32:00 EST. Please see our terms for use of feeds.

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Report: Renault EV espionage scandal may have been hoax

Filed under: Europe, Government/Legal, Renault, Electric

RenaultIt looks as if Renault and the French government may have been at the raw end of a hoax surrounding claims of corporate espionage. As you may recall, three of the automaker’s executives were recently escorted off of the company’s headquarters. While none of the individuals were charged with any crime, reports emerged that they were suspected of stealing secrets tied to the French car company’s electric vehicle program and selling them to parties overseas. Reports even pointed toward Chinese automakers as being the largest buyers of those corporate secrets.

That news prompted the French government to look into the Chinese connection, which raised more than a few eyebrows in the People’s Republic.

The whole conspiracy hinged on the existence of clandestine bank accounts in Switzerland and Lichtenstein which the corporate thieves could have used to stash their ill-gotten wealth. According to The Guardian, those accounts don’t exist.

The accused executives have since set about suing Renault for the accusations, and with no hard evidence to support the claims, it looks as if someone simply pulled an elaborate hoax on the company. At this point, it’s unclear who orchestrated the stunt or the motive behind it. Thanks for the tip, Aron!

[Source: The Guardian]

Report: Renault EV espionage scandal may have been hoax originally appeared on Autoblog on Mon, 07 Mar 2011 13:30:00 EST. Please see our terms for use of feeds.

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Porsche reportedly blocking employees from Facebook over industrial espionage fears

Filed under: Europe, Technology, Porsche

Facebook logoWell, we can forget about seeing any clandestine shots of future Porsche products crop up via Facebook – at least from employees of the German automaker. According to Bloomberg, the company has come down hard on the use of social network sites while workers are on the clock. The reason? The company is worried that “foreign intelligence services” could be peeking in on confidential messages sent between employees using the service. We couldn’t make this stuff up if we tried. Of course, we’re guessing that the higher-ups are also concerned about loose lips sinking the corporate ship using the miracle of the internet.

The company says that work stations throughout the company have been barred from a number of other sites as well, including Xing and eBay. Who knows? Maybe a few German bosses were simply seeing productivity slip and decided to nix everyone’s favorite outlets for procrastination.

[Source: Bloomberg]

Porsche reportedly blocking employees from Facebook over industrial espionage fears originally appeared on Autoblog on Mon, 11 Oct 2010 16:28:00 EST. Please see our terms for use of feeds.

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