Tuesday, June 2, 2009

Boeing Engineer Will Stand in First Economic Espionage Trial

On Tuesday, longtime Boeing (NYSE:BA) engineer, Dongfan "Greg" Chung, will become the first person ever to stand trial under the Economic Espionage Act (EEA). Passed in 1990s, the EEA was designed to thwart the theft of U.S. intellectual property by foreign countries. Mr. Chung, 73, has been accused of stealing classified documents detailing state military secrets - including over 225,000 pages of documents detailing Boeing-developed defense technologies - and then relaying the information back to China.
It is suspected his involvement in the said offense might stretch back to the mid 1970s, when Mr. Chung began as engineer with Rockwell International. Boeing spokesperson Daniel Beck, while affirming the firm's intent to comply with the investigation, declined to comment further on the matter.

No comments: