Former software chief admits stealing trade secrets

Filed under: — By Aviran Mordo @ 11:01 am

A former software executive’s guilty plea to charges of breaking into a rival’s computers and stealing trade secrets has offered a rare glimpse into the world of corporate espionage.

John O’Neil, former CEO of Business Engine Software, pleaded guilty in a San Francisco federal court on Wednesday to conspiracy to download and steal the trade secrets of software competitor Niku over a 10-month period.

O’Neil, 43, is the third former executive of the San Francisco company to admit guilt in a case that the FBI’s computer intrusion squad helped to investigate in 2002. He faces a maximum sentence of 10 years in jail and a $250,000 fine. Sentencing is scheduled for next spring.

His plea brings to near conclusion a criminal case that uncovered, in unusual detail, one company’s plunge into the world of corporate espionage in the digital age.

Source: News.com


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