Recent reports indicate a series of legal actions involving former executives and employees in China and the United States. A former executive at Sinopec, a major Chinese oil and gas company, has been sentenced to prison for accepting bribes, according to Chinese media. In a separate case, a top executive from a China-based hedge fund has been indicted in the U.S. for allegedly stealing trade secrets from Arrowstreet Capital, a quantitative investment firm based in Boston. Additionally, the U.S. Justice Department has charged Ding, a 38-year-old individual, with stealing trade secrets from Google, having uploaded over 500 files related to the company's artificial intelligence technology to a personal account in an effort to establish his own companies in China. Furthermore, a former employee of a Chinese state agency received a rare death sentence for leaking state secrets, as confirmed by the Ministry of State Security. In another incident, Zhang Enbo, a national of China, was arrested for stealing trade secrets from a precision equipment manufacturer in Japan, where he was employed temporarily. He reportedly copied two data files to a USB stick from the company's computer on August 21, 2023.
Nov 6: 🇨🇳 national Zhang Enbo (张恩波) was arrested for stealing trade secrets from a precision equipment manufacturer in Oshu, Japan — copying two data files to a USB memory stick from a company computer — where he worked as a temporary employee on Aug 21, 2023.… https://t.co/BD6rdogIH1
A former employee working for one of China's state agencies has been given a rare death sentence for leaking ‘state secrets,’ the Ministry of State Security said, after he was accused of handing over his USB drive to foreign spy agencies https://t.co/K0sLoxB2dA
The US Justice Department charged Ding, 38, with stealing trade secrets from Google. He had uploaded more than 500 files related to Google’s artificial intelligence technology to a personal account in an attempt to launch his own companies in China. https://t.co/WdWq6RgcFO