US Charges Five Chinese Military Officials with Economic Espionage
May 19, 2014
The United States has filed criminal charges against Chinese military officials for hacking and cyber espionage against several American companies. This case is first of its own kind in which the prosecutors have formally accused members of a foreign government with economic espionage charges. Attorney General Eric Holder and FBI are expected to reveal the new indictment later this afternoon, in which five officials of China's People's Liberation Army will be named, who are believed to be the current members of Beijing's military establishment. Accused chinese officials allegedly worked for the People's Liberation Army and have spied on U.S companies and stolen trade secrets. The alleged hackers are said to work for the PLA's Unit 61398 in Shanghai. Among the trade secrets, they are also accused for stealing information about a nuclear power plant design and a solar panel company's cost and pricing data, " They used military and intelligence faci...