Word: glenmar
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Last June, Hitachi Senior Engineer Kenji Hayashi and two colleagues walked into the Santa Clara offices of Glenmar Associates, purportedly a California consulting firm, to collect IBM documents giving crucial details of the company's newest computer technology. Hitachi had made payments totaling $622,000 to get the information. To Hayashi's surprise, he was confronted by a gaggle of FBI agents, who had set an Abscam-like trap to catch Hayashi and his friends...
...Japanscam were far greater than that, Assistant U.S. Attorney Herbert Hoffman added: "But then we don't run criminal investigations on a cost-effective basis. Justice has been accomplished." Also, Hitachi is out of pocket considerably more than $24,000. The $622,000 that Hitachi paid Glenmar, an FBI front, is still in the U.S. Treasury. Federal authorities say they have no intention of returning...
...jumbo jet about to take off for Tokyo from San Francisco and arrested Tomizoh Kimura, an engineer for another Japanese firm, the Mitsubishi Electric Corp. (1981 computer revenues: $350 million). When the agents examined his luggage, they found confidential IBM computer tapes, which had also been provided, courtesy of Glenmar, for some...
...culminated a cloak-and-data caper extraordinaire, the FBI's most ambitious sting since Operation Abscam netted seven Congressmen for taking bribes two years ago. Glenmar was an FBI front operation set up to deal with the problem of industrial espionage in the fast-track microelectronics industry. Winding up investigations that lasted eight months...
...Tokyo, Hitachi and Mitsubishi executives grudgingly admitted that their companies had made payments to FBI agents for IBM documents. They argued, however, that their employees considered Glenmar to be a legitimate research firm, selling information obtained through legal channels. Said a statement from Mitsubishi: "These accusations appear to have arisen out of a terrible mistake by U.S. Government authorities...