HP exec pleads guilt to IBM theft

Hewlett Packard's former vice president Atul Malhotra, has pleaded guilty to stealing trade secrets from IBM, and passing them over to his new employers.

Atul Malhotra, a vice president of imaging and printing services at HP since 2006, admitted that he accessed and copied confidential information from his previous job as sales director in the IBM Global Services division.

Shortly after starting his new job, he passed IBM secrets such as production costs and materials to two senior HP vice presidents via e-mail.

Malhotra faces a maximum of 10 years in prison, a fine of $250,000 and a three-year term of supervised release.

Sentencing in this case has been set for October 29 by U.S. District Court Judge Jeremy Fogel, who accepted the plea at the federal courthouse in San Jose, California.

View: vnunet

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Yeah, and since it's a non-violent crime, he'll probably get minimum security, and parole possibilities. But these crimes could cause the collapse of one company and give a huge advantage to another, it could help establish brands, etc etc. It has a huge effect on business. People shouldn't get away with it and be able to just pay their way out with profit that was gained illegally.

Yeah, it's 10 years MAXIMUM. He will probably get a lot less than 10 years in a minimum security prison. And I think murderers gets way more than 10 years, so I'm not sure where you are coming from with that. Maybe rape is 10 years or less.

But still, if I own a company and hire a guy to be VP, and he steals secret info from my company and hands it over to my competitor, I think I would want him to spend a couple of years in prison too. Don't you?

Thanks for sharing your total ignorance on the justice system. Here's a tip to help you understand:
It is not required to murder or rape in order to earn a prison sentence.

Isn't that absolutely amazing?