Klaus Pflugbeil, 58, a Canadian national and resident of the People’s Republic of China (PRC), pleaded guilty today to conspiring to send trade secrets that belonged to a leading U.S.-based electric vehicle company (Victim Company). Pflugbeil and his co-defendant, Yilong Shao, who remains at large, are owners of a PRC-based business (Business-1) that sold technology used to make batteries, including batteries used in electric vehicles. Pflugbeil, a former employee of a company later purchased by Victim Company-1, stole trade secrets from his then employer and later used the trade secrets to build Business-1, marketing his business as a replacement for Victim Company-1’s products. Read More
Home » Resident of China Pleads Guilty to Conspiracy to Send Leading Electric Vehicle Company’s Trade Secrets to Undercover U.S. Agent
Resident of China Pleads Guilty to Conspiracy to Send Leading Electric Vehicle Company’s Trade Secrets to Undercover U.S. Agent
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