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Home > News > India News > Article > CEO caught for patent theft

CEO caught for patent theft

Updated on: 27 October,2009 09:00 AM IST  | 
Correspondent |

Corporate espionage has reared its ugly head in the city.

CEO caught for patent theft

Corporate espionage has reared its ugly head in the city. On Saturday, the Pune rural police arrested Sachin Kamble, CEO, S Nitriders Company for stealing patented information from his previous employer, Thermotouch Enterprises.

Neelesh Pendharkar, owner of Thermotouch Enterprises, said, his company had developed a specialised physical and chemical process for enhancing the lifespan of ferrous machinery and spares.

Matter of trust
"I had maintained records of the process in 25 files. I had shared the information with Kamble with trust," said Pendharkar.

He added, "As our patent is valid till November 2026, we filed a police complaint of theft and criminal conspiracy against Kamble." When PI Satish Patil arrested Kamble, the patent papers were in his possession. The police have also registered a case against S Nitriders.




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