Software pirate pleads guilty to theft of $100 million in goods
After being lured to U.S. territory and arrested in an undercover sting, Chinese national Xiang Li pled guilty in U.S. federal court to pirating, cracking, and selling software worth more than $100 million today, according to Reuters.
The U.S. Department of Homeland Security took down Li in June 2011 after agents discovered that he was heading a pirating ring that sold stolen software on the Web. The software was mostly used by defense, space, and engineering companies and was made by Microsoft, Oracle, Rockwell Automation, Agilent Technologies, Siemens, and others.
"Li thought he was safe from … Read more