Ex-IBM employee from China pleads guilty to code theft charges

Former software engineer for IBM, Jiaqiang Xu, 31, pleaded guilty to economic espionage and theft of a trade secret. — Reuters

NEW YORK: A former software engineer for IBM in China pleaded guilty on May 19 to stealing proprietary source code from the company, federal prosecutors announced on May 19.

Jiaqiang Xu, 31, pleaded guilty to economic espionage and theft of a trade secret before US District Judge Kenneth Karas in White Plains, New York, prosecutors said. He is scheduled to be sentenced on Oct 13.