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Chinese national arrested on allegations of trade secret theft

Forty-two-year-old Chinese national Mo Yun, who federal prosecutors believe is part of a group planning to steal trade secrets from United States seed corn companies, was released from prison after posting a $250,000 bond, the Associated Press reported on July 22.

To deter her from fleeing the country, Judge Robert Pratt ordered that she be monitored by a GPS bracelet. She is not allowed to leave Iowa and must remain in a designated house between 10 p.m. and 7 a.m. everyday. Although the defense believes the evidence against Mo is thin, the intellectual property she is accused of stealing is worth more than $500 million.

The attorneys at Gagnon, Peacock & Vereeke, P.C., in the Dallas-Fort Worth area understand the importance of intellectual property protection and are experienced in defending and prosecuting cases surrounding this type of law. If you are in need of an experienced intellectual property team, call our offices at (214) 824-1414 today to learn about what we can do for you.

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