CHINA SPY AGENT HOW TO

citizen and a Chinese national, ultimately admitted his guilt and was sentenced to four years of probation in 2015, over the objections of federal prosecutors who wanted him locked up for as long as six years.Īt Yang’s sentencing, federal prosecutor Barry Jonas told the judge that Yang was looking to spread CME’s proprietary software to multiple financial exchanges throughout China. Tongmei’s mission was to increase the trading volume at a Chinese government-controlled electronic trading exchange.Ĭhunlai Yang, a naturalized U.S. In 2011, a veteran software engineer at the CME Group downloaded more than 10,000 files of CME’s proprietary computer code with plans to start his own financial exchange in China called Tongmei (Gateway to America) Futures Exchange Software Technology, according to court records. (FBI)Ĭaterpillar spokeswoman Sara Weitz declined to comment. He is now believed to be living in China.įBI wanted poster for Xudong Yao, a fugitive believed to be in China. Yao has been placed on the FBI’s counterintelligence unit’s “Most Wanted” list. Yao, who was a contract employee, is accused of downloading electronic files that included nine complete copies of the source codes for train control systems. A source confirmed that company is Electro-Motive Diesel, which is owned by Caterpillar through its subsidiary Progress Rail Services. citizen with stealing trade secrets from a Caterpillar subsidiary in suburban Chicago that makes train locomotives.įederal authorities allege Xudong “William” Yao, a 57-year-old software engineer, stole the source code that controls diesel-electric locomotives manufactured by an unidentified company. government in July unsealed a once-secret indictment charging a naturalized U.S. It is against that backdrop that the U.S.

CHINA SPY AGENT HOW TO

Chinese workers at the Chinese state-owned CRRC plant in Hegewisch instruct American workers on how to assemble CTA rail cars on June 13, 2019.

China spy agent