Coca-Cola trade secrets attempted to be sold to Pepsi - Sitcoms Online Message Boards

gilligan fanatic · 07-06-2006, 10:17 PM

July 6, 2006
Three people have been charged in the United States for trying to sell Coca-Cola trade secrets to PepsiCo. The main suspect, administration worker Joya Williams, tried to sell documents and a liquid sample of a new Coca-Cola product to the rival, prosecutors said.

When being offered to buy the trade secrets in May, PepsiCo immediately contacted the FBI. A person calling himself "Dirk" wanted to meet a PepsiCo representative at Hartsfield-Jackson International Airport in Atlanta in June. Instead, an undercover FBI agent met with Ibrahim Dimson, the man posing as "Dirk".

During the meeting it is said the undercover agent gave Dimson $30,000 for the trade secrets and promised to pay an additional $45,000 later. Then later that month, another agent later offered to buy the remaining trade secrets for $1.5m. The same day the suspects were arrested.
A third person, Edmund Duhaney, was also arrested.
PepsiCo said in a statement that "competition can sometimes be fierce, but also must be fair and legal".

Coca-Cola said that it would review its security measures. The corporation's top-secret formula of its main drink was not affected in this security breach.

http://en.wikinews.org/wiki/Coca-Col..._sold_to_Pepsi

Czas na Zywiec · 07-07-2006, 01:35 AM

I saw this on the news tonight at work. All this fuss over a stupid soft drink. They should really start reporting about real news.

80sTrivia · 07-07-2006, 06:05 AM

Lies, greed, deceit and industrial espionage... this has all the hallmarks of a bestselling book and movie!

Dr. John Becker · 07-07-2006, 09:04 AM

I respect the people at Pepsi who did the right thing and turned the guy in.

07-06-2006, 10:17 PM	#1
gilligan fanatic Born to Be Bad Forum Fanatic Join Date: May 06, 2001 Location: down by the Lagoon Posts: 9,954	Coca-Cola trade secrets attempted to be sold to Pepsi July 6, 2006 Three people have been charged in the United States for trying to sell Coca-Cola trade secrets to PepsiCo. The main suspect, administration worker Joya Williams, tried to sell documents and a liquid sample of a new Coca-Cola product to the rival, prosecutors said. When being offered to buy the trade secrets in May, PepsiCo immediately contacted the FBI. A person calling himself "Dirk" wanted to meet a PepsiCo representative at Hartsfield-Jackson International Airport in Atlanta in June. Instead, an undercover FBI agent met with Ibrahim Dimson, the man posing as "Dirk". During the meeting it is said the undercover agent gave Dimson $30,000 for the trade secrets and promised to pay an additional $45,000 later. Then later that month, another agent later offered to buy the remaining trade secrets for $1.5m. The same day the suspects were arrested. A third person, Edmund Duhaney, was also arrested. PepsiCo said in a statement that "competition can sometimes be fierce, but also must be fair and legal". Coca-Cola said that it would review its security measures. The corporation's top-secret formula of its main drink was not affected in this security breach. http://en.wikinews.org/wiki/Coca-Col..._sold_to_Pepsi
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07-07-2006, 06:05 AM	#3
80sTrivia Member Forum Celebrity Join Date: May 23, 2002 Posts: 21,714	Lies, greed, deceit and industrial espionage... this has all the hallmarks of a bestselling book and movie!
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07-07-2006, 09:04 AM	#4
Dr. John Becker A Great American Senior Member Join Date: Sep 12, 2003 Location: U.S.A. Posts: 2,645	I respect the people at Pepsi who did the right thing and turned the guy in.
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07-07-2006, 01:35 AM	#2
Czas na Zywiec what up Forum Star Join Date: Jun 28, 2001 Location: Southwest Side, Chicago Posts: 18,398	I saw this on the news tonight at work. All this fuss over a stupid soft drink. They should really start reporting about real news.