Queens Man Charged In Federal Reserve Software Theft

(CBS/AP/Reuters) NEW YORK - A computer programmer who worked at the Federal Reserve Bank of New York is facing charges he stole computer code valued at nearly $10 million and used for his own computer training business.

Bo Zhang, 32, was arrested Wednesday after authorities said he stole the code, which is used to track government finances, last summer while working on it as a government employee. He allegedly copied the software to an external hard drive.

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