Mumbai: Senior Executive Pharmaceutical Companies have been arrested for allegedly stealing business secrets, including a list of clients, and using information to launch their startup.
The defendant, Satyen Roy (45), who has joined the medical equipment manufacturing company as a vice president of stealing a product blueprint and client database, and quit the company in seven months to join, cyber police officials said.
Roy, who was running around, was arrested recently from a hotel in Ahmedabad.
Roy hid in a Ahmedabad hotel with his wife and child, the officials of the cyber police station in the Kurla bandra complex.
The police said that they were looking for two other employees from the Pharmaceutical Secretary of the Company and its sales manager – to Connifing with Roy by helping him get a blueprint of various company departments.
Before he was arrested at Ahmedabad, Roy was in the city-hopping spree.
“Anticipating the problem with the law, he first flew to Kolkata, then to Uttar Pradesh and other places,” an official said.
After the location was tracked to Gujarat, officials clamped it to the hotel from Guest Database Gujarat Polda at the hotel.
After stealing the company’s secret, he allegedly tried to tarnish the name of the company Pharma, said an official.
“To attract the company’s clients, he told his customers that the company treasures’ a large profit by selling products at a very suggestion price.
He offered to sell the same product at lower prices,” the official said.
“The business of pharmaceutical companies in certain parts almost dried up Various departments other than other senior employees.
“This is done to change the secret business strategy as well as to bring company employees into confidence before absorbing it into the soleior,” said a senior official from the Cyber Crime Police Station.
After allegedly pocketing the company’s sales policy format, product printing, report format, vendor and client database, Roy stopped reporting to work from May 9.
“He submitted his resignation on June 2,” said the complaint submitted by the Vice President of the Company (Administration), Vikas Upadhayay.
Lawyer Sunny Waskar company told TII, “Roy joined our company in October last year.
In May this year, he had stolen the secret of our company.” Roy, who had been ordered for ‘criminal violations of trust’, was produced in the Esplanade Court on Friday and have been sent in police custody until July 20.
Pharmaceutical VP companies are held to steal data & clients
