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Comments by YACCS
Thursday, July 06, 2006

Dumber than.........

Combined intellect here

Coca-Cola trade secrets 'stolen'

US prosecutors have charged three people with stealing secrets from soft drinks company Coca-Cola and trying to sell them to its main rival PepsiCo.

According to the claims, administration worker Joya Williams went through files and stuffed a new Coca-Cola product and documents into her personal bag.

Also accused of stealing trade secrets are Ibrahim Dimson and Edmund Duhaney.

PepsiCo said it cooperated with the FBI and Coca-Cola after being contacted by someone looking to sell information.

Coca-Cola said the secret formula of its main drink - sold in the distinctive red and white cans - had not been compromised.

Its chief executive, Neville Isdell, said that "information is the lifeblood of the company".

Mr Isdell said that Coca-Cola would be reviewing its security procedures.

Dave DeCecco, a PepsiCo spokesman, said that the company was happy to have helped out its rival.

"Competition can sometimes be fierce, but also must be fair and legal," he said.

'Valuable secrets'


An undercover FBI agent claims to have met with Mr Dimson, who was said to be posing as "Dirk", at Hartsfield-Jackson International Airport in Atlanta in June.

During that meeting, Mr Dimson is alleged to have handed over an envelope containing documents and a glass bottle containing a liquid sample.

Investigators say they have footage showing Ms Williams going through files and "holding a liquid container with a white label, which resembled the description of a new Coca-Cola product sample, before placing it into her personal bag".

"We are committed to protecting the intellectual property that is so critical for our corporate citizens to remain successful in the 21st century economy," said US Attorney David Nahmias said.

"Theft of valuable trade secrets will not be tolerated, not by the Justice Department and not even by competitors, as this case shows," he added.
People see shit in the movies, like hitmen, and don't realize that they're writers conventions and not reality.

No, there are not freelance killers for hire. Do people kill for money? Sure, but for the most part, they're mobsters doing part time work.

And people don't buy stolen property, especially trade secrets.

Pepsi could have been liable for hundreds of millions if they had agreed to do this. As well as a federal prosecution.

Oh, and how were they to explain the payment of $1.5 million to the tax man?

People take TV way too seriously. Way too seriously.

posted by Steve @ 12:44:00 AM

12:44:00 AM

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