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2/16/2007
Dupont Chemist Swipes $400 Million in Trade Secrets
Documents unsealed by a Delaware court this week revealed Gary Min, a former research chemist with Dupont, was convicted back in November '06 of stealing trade secrets from his former employer. Min had been with Dupont for ten years before leaving to join polymer maker, Victrex, which has offices in the U.S., Europe and China.

In the two month window of Min's (secret) acceptance of his Victrex position and actually leaving Dupont in December '05, Min downloaded or viewed about 40,000 documents from Dupont's internal library - 10 % of Dupont's entire library, making him the number one user, with 15 times more activity that the next nearest employee.

Not being blithering idiots, Dupont took note of this and informed the Feds as well as Min's new employers at Victrex. Dupont also retained investigators to look into Min's behavior. At his home they found garbage bins stuffed with Dupont docs and subsequently more documents were discovered on his personal computer.

In February '06, when his home was raided by authorities, Min was caught in mid-shred and taken in for custody. Court papers have suggested that Min's motive in all this may have been related to a demotion he received at Dupont shortly before accepting the Victrex position...

Definitely check out the full story on Min, here, as the above summary just doesn't do justice to all the twists and turns of the tale. We'll keep an eye out for sentencing info on Min and post it here when it is available

-- MDT

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