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FBI Busts Programmer for Stealing US Treasury Code

Bo Zhang, 32, of Queens, New York, faces a maximum term of 10 years in prison and a $250,000 fine if guilty. Zhang allegedly stole proprietary software code from the Federal Reserve Bank of New York. The software known as the Government-Wide Accounting and Reporting Program handles all manner of U.S. government financial transactions. Bloomberg.com reports he in the past had worked for at Goldman Sachs Group Inc. (GS) and Bank of America Corp. (BA)”]

Source: https://www.csoonline.com/article/2130652/fbi-busts-programmer-for-stealing-us-treasury-code.html

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