Friday, June 25, 2010

US nails Chinese CEO

special.globaltimes.cn
The proud Harvard graduate was once a respected CEO of one of China's top 10 independent electronic component distributors in Shenzhen, Guangdong Province.

Now Wu Zhenzhou sits in a 6-square-meter cell in a US detention center facing a possible 20-year sentence for conspiracy to violate US export laws and illegally exporting electronic equipment from the US to China between 2004 and 2007. He will be sentenced August 17.

Branded a "Chinese spy" by the American media, his was one of the most high-profile US counterintelligence cases in 2009.

Some 50 FBI officers were involved in the arrest of the three Chinese defendants - originally indicted on 38 counts, including conspiracy to violate the US Arms Export Control Act for allegedly exporting defense weapons and electronics, money laundering and filing false documents with the US Department of Commerce.

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