Pani has plead guilty to five federal fraud counts for "stealing valuable computer chip manufacturing and design documents from his former employer" before moving to a competitor.
In May, 2008, Pani gave his two week's notice at Intel, and started working at AMD while retaining access to Intel's data system at the same time.
Reads the DOJ statement: "Unbeknownst to Intel, Pani had started downloading from Intel computers numerous secret documents about Intel's manufacturing and design of computer chips." Intel valued the documents stolen at almost $1 billion combined.
Pani was arrested and charged in August 2008.
Written by: Andre Yoskowitz @ 9 Apr 2012 23:10