"Peter Williams, a 39-year-old Australia native who resides in the US, faced two charges related to the theft of trade secrets. Williams faces a maximum sentence of 20 years-10 years for each count-and a possible fine of $250,000 or up to twice the amount of the losses incurred from his crimes. Prosecutors noted at the hearing, however, that based on his specific circumstances, sentencing guidelines suggested he'd more likely face a sentence of between 87 and 108 months in prison."
"Williams will be sentenced early next year. Until then, he will remain on house confinement at his apartment, must undergo electronic monitoring, and is permitted to leave his home for one hour each day, according to the plea agreement. Williams worked for less than a year as a director at L3 Harris Trenchant-a subsidiary of the US-based defense contractor L3Harris Technologies-when he resigned in mid-August from the company for unspecified reasons, according to UK corporate records."
A former executive at a company that sells zero-day vulnerabilities and exploits to the United States and its allies pleaded guilty to selling trade secrets worth at least $1.3 million to a buyer in Russia. The individual, Peter Williams, faces two counts related to theft of trade secrets and exposure to a statutory maximum sentence of 20 years and fines up to $250,000 or twice the losses, with sentencing guidelines indicating 87 to 108 months and potential fines up to $300,000. Williams agreed to pay $1.3 million in restitution and will remain on electronic house confinement until sentencing. Prosecutors stated he worked at L3 Harris Trenchant and had been employed by the company or its predecessor since at least 2016, and previously worked for the Australian Signals Directorate during the 2010s.
Read at WIRED
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