The Department of Justice announced that a former Coca-Cola engineer has been indicted for stealing trade secrets worth an estimated $120 million AFPTrade secrets worth an estimated $120 million was reportedly stolen by himA former senior engineer at Coca-Cola was indicted Thursday in Tennessee for stealing trade secrets worth an estimated US $120 million to give to a Chinese company, the Justice Department announced. Liu wanted the technology for his company, which was planning to develop production lines for BPA-free packing, according to the indictment. The prestigious prize honors Chinese who return from study and work abroad bringing back with them technology that will advance China's economy. US intelligence officials say the program also aims to encourage Chinese abroad to steal technology to bring to China. "Unfortunately, China continues to use its national programs, like the 'Thousand Talents,' to solicit and reward the theft of our nation's trade secrets and intellectual property."

Source: Dhaka Tribune February 14, 2019 23:03 UTC