Ex-Ford Worker Pleads Guilty To Trade Secrets Theft

Law360, New York (November 17, 2010, 5:19 PM EST) -- A former Ford Motor Co. engineer pled guilty Wednesday to fleeing to China with as much as $100 million in stolen Ford trade secrets, and could face more than six years in prison.

Xiang Dong Yu, who goes by Mike Yu, reached a plea agreement with the the U.S. Attorney's Office for the Eastern District of Michigan, admitting to two counts of theft of trade secrets for allegedly copying some 4,000 Ford documents onto an external hard drive before traveling to China in December 2006....
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