Monday, October 5, 2015

Scientist Pleads Guilty to Corporate Espionage

Researcher Xiwen Huang pleaded guilty Friday to one count of stealing trade secrets. But the legal battle over the punishment the former Charlotte resident receives already is underway.

Federal prosecutors say the 55-year-old chemical engineer stole proprietary technology and hundreds of pages of documents over the last decade from his government and civilian employers, including a company in Charlotte. Huang’s goal, according to court documents, was to aid both the Chinese government and his own company, which he started in North Carolina to do business in his Asian homeland.

Huang faces a maximum penalty of 10 years in prison and a $250,000 fine. He will be sentenced at a later date. Imprisonment is all but certain. more