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23
May
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by QuestionGirl • 3:10 pm
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If you ask me, Coca Cola could use Pepsi secrets……because Pepsi is a much better drink.
ATLANTA, Georgia (CNN) — Two former Coca-Cola employees were sentenced Wednesday to serve federal prison terms for conspiring to steal and sell trade secrets to rival Pepsi.
Joya Williams, 42, of Norcross received an eight-year prison term, while Ibrahim Dimson, 31, got a five-year term, according to a news release from the U.S. attorney’s office for the Northern District of Georgia. Both were ordered to pay $40,000 in restitution.
Williams was convicted in February on charges that stem from a plot to offer samples of a new Coca-Cola product to Pepsi for $1.5 million.
Dimson, who is from New York, pleaded guilty to a conspiracy charge in October.
Edmund Duhaney, 43, of the Atlanta suburb of Decatur, will be sentenced at a later date, said the news release from the U.S. attorney’s office.
The trio was arrested last July after a federal sting operation was launched when Pepsi tipped off Coke that it was being offered inside information.
All three are charged with wire fraud and unlawfully stealing and selling trade secrets from the Coca-Cola Co.
“As the market becomes more global, the need to protect intellectual property becomes even more vital to protecting American companies and our economic growth,” U.S. Attorney David E. Nahmias said of the case.
“This case is an example of good corporate citizenship leading to a successful prosecution, and that unlawfully gaining a competitive advantage by stealing another’s trade secrets can lead straight to federal prison.”
More at CNN
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