Tuesday, January 8, 2013

Chinese Man Found Guilty Of Selling Pirated Software Worth $100 Million

Chinese Man Found Guilty Of Selling Pirated Software Worth $100 Million

A Chinese businessman in the U.S. was found guilty of selling stolen software reported to be worth $100 million. U.S. officials say that the stolen software was to be used in programs related to space technology, defense, and engineering. The court filing reveals that the software was stolen from an estimated number of 200 manufacturers in the U.S. They were eventually sold to around 325 black markets in 61 countries between the year 2008 to 2011.

The businessman, Xiang Li, was arrested last year on the Pacific island of Saipan, near Guam, in June last year, during an undercover operation conducted by agents from the U.S.

Ubergizmo , Chinese Man Found Guilty Of Selling Pirated Software Worth $100 Million, Chinese Man Found Guilty Of Selling Pirated Software Worth $100 Million

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