FBI explains Economic Espionage arrest in Wisconsin
WAUWATOSA -- 42-year-old Hua Jun Zhao is being accused of economic espionage for allegedly trying to steal medical research from the Medical College of Wisconsin, and bring it to Zhejiang University Medical School in China.
During the programs, the Bureau works with local companies, like the Medical College, on what to watch out for and how to protect themselves and trade secrets.
"This is a perfect example of the success of that program," Teresa L. Carlson, Special Agent in Charge, told CBS 58.
Carlson said the Chinese are the United States biggest threat when it comes to this type of crime.
She also explained that economic espionage costs the U.S. around $250 billion every year and can coast Americans their jobs.
Zhao's case is the first in Wisconsin since the Economic Espionage Act went into effect in October of 1996.
The public doesn't hear about cases like this frequently because they are often difficult to prosecute and business can be blind sided by what happens.
The FBI encourages businesses and academia to contact the Strategic Partnership Coordinator, Special Agent Byron Franz at 414-291-4371, for more information on this outreach program, or to report suspected threats.
Information on the "Strategic Partnership Program":