Reuters: Technology News: Ex-Intel employee pleads guilty to theft charges

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Ex-Intel employee pleads guilty to theft charges Apr 6th 2012, 23:15 Tweet Share this Email Print Related News Goldman person leaked Apple, Intel secrets: lawyer Sat, Mar 17 2012 Analysis & Opinion Muni CDS goes 'bang' Will Twitter put the U.N. out of the disaster business? An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv October 24, 2011. Credit: Reuters/Nir Elias By Gerry Shih SAN FRANCISCO | Fri Apr 6, 2012 7:15pm EDT SAN FRANCISCO (Reuters) - A former Intel Corp employee who allegedly stole from the chipmaker documents worth hundreds of millions of dollars pleaded guilty on Friday to five counts of wire fraud. Federal prosecutors in Boston had alleged that Biswamohan Pani, 36, downloaded some of Intel's "most valuable" design and manufacturing documents in June 2008, in his final days as an engineer in a Massachusetts facility. Intel was not aware at the time of the alleged downloads that Pani had already sought a position and begun working at Advanced Micro Devices, Intel's largest rival in the chip industry. Pani acted alone and there was no evidence that he was instructed by AMD to carry out the theft - nor was AMD aware of his actions, prosecutors said. In court filings, Intel estimated the company secrets to be worth at least $200 million to $400 million. AMD fired Pani in 2008. "AMD was not accused of wrongdoing, and the FBI has stated that there is no evidence that AMD had any involvement in or awareness of Mr. Pani's alleged actions," said Drew Prairie, a spokesman for AMD. Pani faces up to 20 years in prison on each count, and is scheduled to be sentenced on August 8. A lawyer for Pani did not immediately respond to a request for comment late Friday. (Reporting By Gerry Shih; Editing by Richard Chang) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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