Skip Navigation

Two Chinese Nationals Accused of Stealing Trade Secrets and Espionage

Two Chinese Nationals are wanted by the FBI after allegations of stealing trade secrets and espionage.

Hui Huang, 36, is wanted by the FBI on allegations involving a conspiracy to steal trade secrets from a United States business on behalf of a Chinese company, CBM Future, related to the manufacture of a high-performance foam product used by both the military and civilians, according to the FBI. The FBI says that CBM Future tasked Huang with interacting between several alleged co-conspirators in the United States to gather trade secrets to further CBM Future’s efforts to reproduce the high-performance foam. The FBI says he traveled to the United States several times, and is believed to be located in China.

Gang Liu, 35, is wanted on allegations of conspiracy to commit economic espionage and steal trade secrets from a United States business on behalf of a Chinese company, CBM future, according to the FBI. The United States company is involved with manufacturing a high-performance foam product used by the military and for civilian purposes, the FBI said. The FBI said Liu had worked as an engineer for the U.S. business, and was in a position where he had access to proprietary and trade secret data. The FBI accused him of stealing trade secrets and providing them to CBM Future to aid in the objectives of the Chinese government, along with other alleged co-conspirators. “Liu was indicted for theft of trade secrets in June 2017. Liu fled to China in November 2017 while on supervised release pending his trial,” the FBI wrote. “Based on new information, Liu was indicted along with a co-conspirator for economic espionage in addition to theft of trade secrets in April 2018.”

Contact ITMG to Develop Strategies and Protocols Designed to Help Your Company Mitigate Your Insider Risk

ITMG is an industry leader in helping organizations throughout the United States strengthen their insider risk management programs and secure sensitive data and intellectual property. Our team of bona fide experts has the real-world experience necessary to plan out and create holistic security solutions tailored to the needs and risks in your industry. Contact ITMG today to learn more about how we can help! You can also visit our Facebook, Twitter, and LinkedIn pages for more updates and insights into the world of insider risk management.

This entry was posted on Friday, December 31st, 2021 at 1:47 pm. Both comments and pings are currently closed.

Discover more from Insider Threat Management Group

Subscribe now to keep reading and get access to the full archive.

Continue reading