California man Liming Li pleaded guilty today in the United States District Court for the Central District of California to one count of possession of trade secrets. Li admitted to unlawfully retaining proprietary information from his former Southern California-based employers and using it to market his own competing company to a China-based entity.
Li was arrested on May 6, 2023, at Ontario International Airport upon returning from Taiwan. A subsequent FBI search of his residence revealed numerous digital devices containing proprietary files belonging to his former employers.
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