Time Served For Bristol Worker Who Stole Secrets

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computer-theftA former Bristol Myers Squibb employee who admitted that he stole secret formulas so he could start a company in his native India was sentenced today to a year that he has already served in jail in upstate New York, The Syracuse Post-Standard reports. Shalin Jhaveri, 30, had pleaded guilty to stealing trade secrets and sending them in three attachments to an e-mail to a man he thought was an investor in a pharmaceutical company that Jhaveri wanted to start in India with his father.

Jhaveri, who has a doctorate in chemistry from Cornell University, came to the US eight years ago from India and was a technical operations associate at Bristol-Myers, where he was in a management training program when he decided to steal the secrets. The program allowed him access to sensitive company info. All totaled, he took more than 1,300 documents. The trade secrets included formulas for producing a drug under development at Bristol to treat a rare and deadly form of skin cancer (back story).

“I have failed in my most significant purpose of being on this earth, and I am ashamed,” Jhaveri said in court, the paper reports, adding that US District Judge Norman Mordue also imposed a $5,000 fine and ordered Jhaveri to forfeit the computer equipment he used to steal the formulas. Meanwhile, federal immigration agents were in court to take custody of Jhaveri and send him to a detention center, where he faces deportation proceedings. Most likely, he will be sent to India.

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  1. I have no doubt that Jhaveri is just getting started on his nefarious career. To quote my favorite songwriter:

    “Steal a little and they throw you in jail
    Steal a lot and they make you king!”

    Bob Dylan - Sweet Heart Like You

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