US indicts Chinese Monsanto worker for espionage

Friday, 22. November 2019 02:40

The United States Department of Justice announced that a federal grand jury indicted a Chinese national who worked for Monsanto between 2008 and 2017 on several counts of espionage. Monsanto has since been acquired by Bayer.

Haitao Xiang was charged with economic espionage, theft of trade secrets and conspiracy to commit espionage and theft of trade secrets.

"The indictment alleges another example of the Chinese government using Talent Plans to encourage employees to steal intellectual property from their US employers," Assistant Attorney General for National Security John Demers stated. "Xiang promoted himself to the Chinese government based on his experience at Monsanto. Within a year of being selected as a Talent Plan recruit, he quit his job, bought a one-way ticket to China, and was caught at the airport with a copy of the company's proprietary algorithm before he could spirit it away," he added.

Related Links: Monsanto Company
Author:
Breaking the News / NP