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Chinese man released on bond in trade secrets case

DES MOINES, Iowa (AP) — More than four months after his arrest, one of six men from China charged with conspiring to steal valuable seed corn from U.S. companies has been has been released after posting a $50,000 cash bond.

U.S. Magistrate Judge Ross Walters on Tuesday approved the release of Mo Hailong, who is known as Robert Mo. He said the conditions of release agreed to by federal prosecutors and defense lawyers would "reasonably assure" his appearance at future court hearings.

Mo is one of six men facing charges in Des Moines after an FBI investigation determined patented seed corn was being taken from test fields containing highly valuable seed owned by Pioneer Hybrid and Monsanto. He was arrested in Miami, where he lived, in December. The others remain fugitives in China and Canada.


 


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Topics : Business_FinanceLaw_Crime
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Locations : Des MoinesIowaMiami
People : Mo HailongRobert MoRoss Walters




 
04/23/2014 10:05AM
Chinese man released on bond in trade secrets case
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