Contractor Charged With Swiping Fed Reserve Source Code

Law360, Washington (January 20, 2012, 4:55 PM EST) -- A Federal Reserve Bank of New York contractor was arrested Wednesday on charges that he stole proprietary software code from the U.S. Department of the Treasury's Government-Wide Accounting and Reporting Program for use in his personal computer programming training business.

Bo Zhang, a computer programmer working under contract for the Federal Reserve Bank of New York, allegedly stole code pertaining to the GWA, which is used primarily to keep track of the federal government’s finances, according to a complaint unsealed in New York federal court Wednesday....
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