3 accused of stealing Coke secrets
(Reuters)
Updated: 2006-07-06 08:39
Federal prosecutors charged three people on Wednesday with stealing
confidential information from The Coca-Cola Co. - including a sample of a new
drink - and trying to sell it to rival PepsiCo Inc.
The three, who include an executive administrative assistant at Coke, were
charged with wire fraud along with stealing and selling trade secrets. Federal
prosecutors say the trio sought to sell the information in deals worth as much
as $1.5 million.
Federal prosecutors said they learned of the theft from Pepsi, which provided
authorities with a letter from an individual claiming to be a high-level
Coca-Cola employee offering "very detailed and confidential information."
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