Bureau storms HTC's offices over possible fraud, espionage

[InfoSec News <alerts () infosecnews org>]

http://www.chinapost.com.tw/taiwan/national/national-news/2013/08/31/387803/Bureau-storms.htm

By John Liu
The China Post
August 31, 2013

TAIPEI, Taiwan -- Investigators stormed into HTC yesterday to investigate 
some of the company's design staff, who are suspected of stealing trade 
secrets and defrauding HTC of nearly NT$10 million.

HTC accused three of its senior design professionals of fraud. The 
suspects were alleged to have set up new businesses on their own. 
Investigators started interrogating the suspects and searching their homes 
and offices yesterday afternoon.

The Bureau of Investigations said that it had received a complaint from 
HTC saying that three senior employees in the design development 
department were suspected of designing cellphone cases and lying about it 
being contract work. The suspects allegedly conspired with a manufacturer 
to issue fake invoices amounting to nearly NT$10 million for performing 
design work. Upon receiving the money from HTC, the manufacturer allegedly 
transferred it to the suspects.

HTC's complaint said the suspects have set up design companies in both 
Taiwan and mainland China, and the offices are currently being decorated. 
HTC indicated that the suspects might have stolen the trade secret of a 
crucial new interface, which is due to be released later this year. The 
company accused the three of breach of trust and fraud.

[...]



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