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A former Intel employee who quit to work for AMD has been indicted in trade secrets theft

A federal grand jury has indicted a former Intel employee whom the Federal Bureau of Investigation (FBI) has accused of stealing trade secrets from the company.

Biswamohan Pani, 33, allegedly was found with more than 100 pages of Intel documents, with 13 "top secret" file also discovered inside his residence.  Intel put more than $1 billion of research and development money into the documents Pani stole, which includes future CPU designs.

"The indictment was not a surprise," said Bradford Bailey, Pani's attorney.  "We knew it was coming.  We will enter a plea of not guilty when an arraignment date is set, and he will vigorously contest the charges because he is innocent."

Pani submitted his resignation at Intel in May 2008, and planned on working until June 11, but began working for Advanced Micro Devices on June 2.  When he started his job at AMD, he still had an Intel laptop and access to the internal Intel network.

During a search of his home in early July, the FBI found eight different documents that were classified as "secret," "top secret" and "confidential."  AMD did not request he steal the information or knew anything about his actions, the federal government believes.

"AMD has not been accused of wrongdoing, and the FBI has stated that there is no evidence that AMD had any involvement in or awareness of Mr. Pani's alleged actions," AMD said in a statement published by the Associated Press.

According to Pani, he took the files to help his wife work on a project, who is currently employed by Intel.  Intel quickly pointed out the files would have served no use for his wife.

Pani now faces four counts of wire fraud and one count of theft of trade secrets.  He faces up to 10 years on the single count of theft of trade secrets and up to 20 years for each count of wire fraud.



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RE: Back-asswards, much?
By Mclendo06 on 11/7/2008 12:54:24 AM , Rating: 1
quote:
If you believe the value of life is infinite, you haven't studied much risk management.

Okay. Allow me to pose a hypothetical question to you to attempt to place a value on your life.

***Disclaimer*** This question is completely hypothetical and in no way should be interpreted as a threat or genuine offer. It is merely intended to make a point regarding placing a monetary value on human life. (I really don't want the FBI busting down my door)

Start Hypothetical Question

How much money would I have to give you (you only, it could not go to anyone else) for you to allow me to end your life?

End Hypothetical Question


The point of the question is that to you, from the ethical standpoint of personal rights, the value of your life surpasses any possible monetary value.

However, if utilitarianism is the ethical basis you reason from, then yes, monetary value can be placed on a life based on the cost of preserving that life imposed on others (the reason that we don't build trillion dollar airbag-encased highways with cars that drive themselves perfectly). But an individual's life is priceless to that individual in relation to any value of money or material things. Generally other items of intangible value (other life, country, etc.) are the only things that an individual will willing give up their life for.


RE: Back-asswards, much?
By Solandri on 11/7/2008 7:05:15 AM , Rating: 3
quote:
Start Hypothetical Question

How much money would I have to give you (you only, it could not go to anyone else) for you to allow me to end your life?

End Hypothetical Question

The point of the question is that to you, from the ethical standpoint of personal rights, the value of your life surpasses any possible monetary value.

That's not what it shows. Your question is structured so that it devalues money to where it is worthless. If you die, you can't use the money you receive, and so it becomes worthless. It doesn't show that life is priceless. It shows that after you die, money is worthless to you.

If you were to instead ask, "How much money would I have to give you for you to allow me to end your life in a year (or 10 years, or 50 years)?" you would get a better answer. Although it'd still be skewed because people by nature really suck at risk assessment (i.e. can't properly assess a certainty of dying in a year against the probability of dying within a year due to random chance).


RE: Back-asswards, much?
By Pavelyoung on 11/7/2008 10:09:10 AM , Rating: 2
Well lets see, I estimate about $20 million transfered to my swiss bank account before you're allowed to touch me :)


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