Chinese man pleads guilty in $122.6m stolen software sting
WILMINGTON (REUTERS) - In a case which US officials say is the first of its kind, a Chinese businessman pleaded guilty to selling stolen American software used in defence, space technology and engineering - programmes that prosecutors said held a retail value of more than US$100 million (S$122.6 million).
The sophisticated software was stolen from an estimated 200 American manufacturers and sold to 325 black market buyers in 61 countries from 2008 to 2011, prosecutors said in court filings.
US buyers in 28 states included a Nasa engineer and the chief scientist for a defence and law enforcement contractor, prosecutors said.
Corporate victims in the case included Microsoft, Oracle, Rockwell Automation, Agilent Technolgoies, Siemens, Delcam, Altera Corp and SAP, a government spokesman said.