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Ex-Intel engineer faces four additional counts of stealing trade secrets

Post by Jenny , 2008-11-07 00:50:36 Source: FiringSquad Editor:Jenny

Tags: Intel

11

Dig

Yesterday prosecutors added four new counts against ex-intel employee, charging him with stealing trade secrets worth more than $1 billion.

 

Remember that ex-Intel employee who allegedly stole company secrets before taking a job at AMD? Yesterday prosecutors added four new counts against him, charging him with stealing trade secrets worth more than $1 billion: 

 

According to the indictment, Pani gave notice to leave Intel and told his superiors he was using up about a week of vacation while looking for a job at a hedge fund.

 

In reality, according to the indictment, he had taken a job at Intel rival Advanced Micro Devices and, while using up vacation time at Intel, was downloading valuable trade secrets.

 

AMD has been cleared of any wrongdoing in the investigation.

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