Feds raid New York tech firm suspected of selling Chinese equipment to the U.S. military

Federal agents early Thursday raided a New York tech firm suspected of selling Chinese-made equipment to the U.S. military that it allegedly claimed had been manufactured in the U.S.

The alleged fraud is raising security concerns about materials that wound up being used by the U.S. Navy and other military branches.

Earlier in the day, six current and former executives and employees were arrested, according to NBC New York. They are expected to appear in federal court in Brooklyn Thursday afternoon.

The arrests come amid ongoing concerns about Chinese economic espionage and theft of trade secrets. Some of the equipment was surveillance and security related technology sold to both U.S. government agencies and private customers.

U.S. Attorney Richard Donoghue and various agency heads are expected to detail the charges at a news conference.

Article URL : https://www.nbcnews.com/news/us-news/feds-raid-new-york-tech-firm-suspected-selling-chinese-equipment-n1078191

%d bloggers like this: