Thread by @ninaandtito

Lexington MA Man & Semiconductor Company Indicted: Theft of Trade Secrets
Chinese born naturalized US citizen & a company he & his wife established, charged in connection with stealing proprietary info from his former employer, Analog Devices, Inc. (ADI)
justice.gov/usao-ma/pr/lex…

“Haoyang Yu, a/k/a “Jack Yu,” a/k/a “Harry Yu,” a/k/a “Jack Tricon,” 40, of Lexington, was arrested and charged along with his company, Tricon MMIC LLC, in an indictment unsealed today.” @911CORLEBRA777
@thespybrief

“Theft of trade secrets from American companies is a pervasive economic and national security threat, which makes Massachusetts, a worldwide leader in technological research and innovation, a target,” said United States Attorney Andrew E. Lelling. “Yu is charged with a massive...

theft of proprietary trade secret info from his former employer for the purpose of setting up his own company & marketing their products as his own. Today’s charge should make it clear: combatting the theft of trade secrets from US businesses is 1 of my office’s top priorities.”

“It is alleged that since leaving ADI, from August 2017 to June 2019, Yu has been working at a cleared defense contractor while simultaneously operating Tricon and selling parts that are identical to, or substantially similar, to ADI products and which incorporate ADI’s stolen...

... trade secrets. Yu has also allegedly used Tricon to illegally export several parts to Spain by concealing both his name and the export control classification number of the parts being exported on the shipping documents.””