Contractor Sentenced For Sending Rifle Designs To China

Law360, New York (November 15, 2011, 7:32 PM EST) -- A New Jersey defense contractor on Tuesday was sentenced to two years of probation and ordered to pay the federal government about $1.1 million after pleading guilty to sending drawings and specifications of military assault rifles to a Chinese company.

U.S. District Judge Jose L. Linares sentenced Swiss Technology Inc. for violating the Arms Export Control Act by exporting U.S. Department of Defense drawings, U.S. Attorney for the District of New Jersey Paul J. Fishman announced Tuesday.

The Clifton, N.J.-based company ceased operating last month after...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.