Theft of software & hardware?

[LarryWanter]

What is the name of your state? FL

CEO and CIO set up a side company and move the software and hardware into that company. This is done without the permission or knowledge of the board of directors main company that owns the software and hardware. The CEO is also a large shareholder in the main company.

The value of both is about $1.5 million.

What laws did they break?What is the name of your state?

 

[garrula lingua]

Embezzlement and grand theft jump to mind.

 

[garrula lingua]

PS: there are 'enhancements' which lengthen the prison sentence due to the high money value of the theft.

 

[BelizeBreeze]

PS: there are 'enhancements' which lengthen the prison sentence due to the high money value of the theft.

YOu fell for a homework assignment?

 

[garrula lingua]

......

 

[LarryWanter]

YOu fell for a homework assignment?

No. Sadly it is the real thing. People do incredibly stupid things sometimes.

Thanks. Any ideas on what these enhancements are?