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DietCokeEnthusiast
07-05-2006, 06:19 PM
http://news.yahoo.com/s/ap/20060705/ap_on_bi_ge/coca_cola_trade_secrets

ATLANTA - Three people have been arrested and charged with stealing confidential information about drink recipes from The Coca-Cola Co. and trying to sell it to rival PepsiCo Inc., federal prosecutors said Wednesday.

The suspects include an executive administrative assistant at Atlanta-based Coke, Joya Williams, who is accused of rifling through corporate files and stuffing documents and a new Coca-Cola product into a personal bag.

Williams, 41, of Norcross, Ga., and 30-year-old Ibrahim Dimson of New York and 43-year-old Edmund Duhaney of Decatur, Ga., are charged with wire fraud and unlawfully stealing and selling Coke trade secrets, federal prosecutors said.

They are expected to appear before a federal magistrate judge on Thursday in Atlanta.

Spokespersons from Coke and PepsiCo did not immediately return calls Wednesday seeking comment.

According to prosecutors, on May 19, Purchase, N.Y.-based PepsiCo provided Coke with a copy of a letter mailed to PepsiCo in an official Coca-Cola business envelope. The letter, postmarked from the Bronx in New York, was from an individual identifying himself as "Dirk," who claimed to be employed at a high level with Coca-Cola and offered "very detailed and confidential information." "Dirk" was later identified as Dimson, the FBI says.

Coca-Cola immediately contacted the FBI and an undercover FBI investigation began.

Prosecutors say Williams was the source of the information Dimson offered to provided Pepsi. They say that "Dirk" provided an FBI undercover agent 14 pages of Coca-Cola documents marked classified and confidential. The company confirmed that the documents were valid and highly confidential and were considered trade secrets.

Prosecutors say "Dirk" requested $10,000 for the documents.

Later "Dirk" produced other documents that Coca-Cola confirmed were valid trade secrets of Coca-Cola and highly confidential. He also agreed to be paid $75,000 for the purchase of a highly confidential product sample from a new Coca Cola project, prosecutors said.

Then on June 27, an undercover FBI agent offered to buy other trade secret items for $1.5 million from "Dirk." The same day a bank account was opened under the names of Duhaney and Dimson, and the address used on the account was that of Duhaney's Decatur residence, prosecutors said.

Video surveillance showed Williams at her desk at Coke headquarters going through multiple files looking for documents and stuffing them into bags. She also was observed holding a liquid container with a white label, which resembled the description of new Coca-Cola product sample before placing it into her personal bag, prosecutors say, adding that Coca-Cola later verified the sample was genuine and is in fact a product being developed by the company.

Dimson, Williams and Duhaney were arrested in Atlanta on Wednesday, the day the $1.5 million deal was to take place, prosecutors say.

Ram0n C0keah0lic
07-05-2006, 06:36 PM
Give them all the punishments they deserve!!! :mad:

Mr Zabe
07-05-2006, 08:44 PM
It's amazing how 1.5 million dollars can bring out the unadulterated greed in a triplet of criminals.

[ 07-05-2006, 07:44 PM: Message edited by: Mr Zabe ]

CStoreCatMan
07-06-2006, 12:06 PM
Heck, I'd sell out for less than that! LOL :D

But seriously, you have to give Pepsi some credit here...it must have been tempting to take a peek at one/some of Coke's new items.

billygtexas
07-08-2006, 02:57 AM
Bin Laden is still alive and the FBI is spending millions to protect soda pop trade secrets... :rolleyes:

the saint
07-08-2006, 06:22 AM
Originally posted by billygtexas:
Bin Laden is still alive and the FBI is spending millions to protect soda pop trade secrets... :rolleyes: So every law enforcement agency in the US should be looking for Bin Laden and letting all the criminals do whatever they please, is this correct in your thinking??? Maybe I should go and rob a couple of banks since the FBI are the ones who look for bank robbers also.After all they should be looking for Bin Laden, RIGHT???

CCE Girlie
07-12-2006, 01:35 AM
1.5 million?!?! That's all they asked for? If you are going to steal a new product trade secrets go BIG--- tens of millions.

CStoreCatMan
07-12-2006, 02:39 PM
There's never any guarantee that the next new product in development will be HUGE...maybe they were playing it safe. It could have turned out to be another item like Coke Blak! LOL. I wouldn't have paid $0.50 for that formula!! :D

Ram0n C0keah0lic
07-12-2006, 03:28 PM
Originally posted by CStoreCatMan:
There's never any guarantee that the next new product in development will be HUGE...maybe they were playing it safe. It could have turned out to be another item like Coke Blak! LOL. I wouldn't have paid $0.50 for that formula!! :D and what if that product will be succesful?...

CStoreCatMan
07-13-2006, 04:58 PM
So be it...not worth the risk for Pepsi!