Chinese man gets three years in U.S. prison for theft of corn secrets

October 5, 2016 6:38 PM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

WASHINGTON (Reuters) - A Chinese man has been sentenced to three years in a U.S. prison for conspiring to steal high-tech U.S. corn seeds with the intention of transporting them to China, the U.S. Justice Department said on Wednesday.

Mo Hailong, 46, pleaded guilty in January in federal court in Iowa to conspiring to steal patented corn seeds from DuPont Pioneer and Monsanto Co. Mo was employed as director of the international business of the Beijing Dabeinong Technology Group Co Ltd.

(Reporting by Eric Beech; Editing by Mohammad Zargham)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Reuters

Add Your Comment