Chinese National Gets Indicted for Stealing Trade Secrets From Global Investment Company

The defendant allegedly used a VPN in China to access his employer’s network.

The Department of Justice in Washington on July 29, 2024. Madalina Vasiliu/The Epoch Times

A Chinese national has been indicted for allegedly stealing his employer’s trade secrets and using them to establish his own company in China, the U.S. Attorney’s Office for the District of Massachusetts announced on Oct. 31.

Zhang Xiao, 33, of Shanghai, was indicted by a federal grand jury in Boston on one count of theft of trade secrets. Currently, Zhang remains at large overseas.