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Syracuse man gets year in prison for Bristol-Myers info theft
Posted: 02.18.2011 at 11:39 AM
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SYRACUSE (AP) -- A fired employee who admitted stealing trade secrets from Bristol-Myers Squibb Co. in a plot to launch a pharmaceutical business in his native India has been sentenced to a year he's already served in jail in upstate New York.

Federal prosecutors say 30-year-old Shalin Jhaveri of Syracuse stole proprietary material from the New York-based drugmaker while in a management training program that gave him access to a wide range of information.

Jhaveri sobbed in court Thursday as he apologized for betraying the trust of the company and his family.

He pleaded guilty last year to the thefts and e-mailing samples to an undercover FBI informant posing as a potential investor in the company he hoped to form.

Jhaveri has a doctorate in chemistry from Cornell University. He's expected to be deported to India.

(Copyright ©2011 by The Associated Press. All Rights Reserved.)

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