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Programmer Convicted of Stealing Trade Secrets from Goldman Sachs

By: DANNY KING A former Goldman Sachs (GSF) computer programmer has been sentenced to a maximum of 15 years in prison for allegedly stealing trade secrets and property from the company. Sergey Aleynikov, 40, is scheduled to begin his prison sentence in March, the U.S. Attorney's Office of New York's Southern District said Friday. Aleynikov, who worked at Goldman for about two years, allegedly tranferred "substantial portions" of Goldman's proprietary trading-platform computer code to a computer server in Germany on his last day with the company in June 2009. He also allegedly transferred "thousands" of Goldman's computer-code files to his home computer. To read the complete article from Daily Finance, please click here.

Full post as published by The Trade Secrets Vault on December 11, 2010 (boomark / email).