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Insider Tech Deal - Apple, Dell, AMD Secrets Sold

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posted on Dec, 20 2010 @ 01:58 PM
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This should be an interesting story to follow... shocked!! this involves Wall Street types, hedge funds.. etc..




news.cnet.com

CNET has obtained a copy of the FBI's complaint against four men who had access to vital trade secrets belonging to such tech companies as Apple, Dell, and AMD, and are accused of repeatedly violating securities laws by selling this information to hedge funds, according to the FBI.

As a result of a sophisticated sting operation that involved wiretaps and recorded phone conversations, FBI agents have arrested the four men on a score of charges that include securities fraud, wire fraud, and conspiracy.
The government's complaint, filed this week with U.S. District Court for the Southern District of New York, accuses the suspects of acquiring and selling a shocking amount of trade secrets involving Apple's iPad, iPhone, and iPod, as well as sales figures, sales projections, and revenue data for the other companies.



It's a fairly long read and there is also a copy of the complaint filed in this case, at the CNET link.




posted on Dec, 20 2010 @ 02:19 PM
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Mmmm smells like corporate control, using the FBI as personal bullies... This is interesting, considering how Apple stole the iPhone and iPad device designs in 2003!

SOURCE

This news just came in. Apple's brazen manipulation of the press and even legal system is sickening beyond belief. Apparently they are arresting employees for "leaking" information about the iPad to Wall Street....against the backdrop of having stolen the WHOLE device...which they have used as a vehicle to fuel Apple's mammoth rise in share price since 2007. The news links below say it all:
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Visit THE SOURCE for more details and links to legal documents filed by Apple, evidence of legal bullying and corporate espionage performed by Apple, and evidence of patents that Apple ripped off to create their flagship products.

Looks to me like the feds are arresting the wrong people - Apple is the real criminal here.
edit on 20-12-2010 by pforkp because: (no reason given)



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