Chinese Citizen Pleads Guilty to Stealing U.S. Software

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Bo Zhang, a Chinese citizen who worked for a contractor at the Federal Reserve Bank of New York, pleaded guilty to stealing U.S. Treasury Department software used to track federal collections and payments.

Zhang, who is also known as “Bryan Zhang,” pleaded guilty today to one count of theft of government property and one count of immigration fraud in a hearing before U.S. Magistrate Judge Michael Dolinger in Manhattan federal court, the U.S. Attorney’s office said. He is scheduled for sentencing on Oct. 1.