CEDAR RAPIDS | A St. Ansgar man has pleaded guilty to federal charges of stealing trade secrets from DuPont and lying to the FBI about it.
Josh Harry Isler, 55, pleaded guilty Wednesday to one count of trade secret theft and one count of making a false statements to the FBI.
As part of his guilty plea, Isler admitted to stealing trade secrets after accepting a job with a competitor while still employed at DuPont in August 2013.
He admitted to transferring hundreds of DuPont’s electronic files -- which contained proprietary information and trade secrets -- to an external storage device after accepting employment with the company's unnamed competitor in the fuel enzyme business, according to court documents. Isler said he kept the files in his new job and transferred some to his new employer.
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He also admitted to lying to the FBI about his actions when interviewed by the bureau in November 2013.
Isler faces a maximum combined sentence of 15 years in prison, a fine of up to $500,000 and eight years of supervised release after prison time. He could also be ordered to pay restitution to DuPont.
He is free on bond. Sentencing will be set at a later date.
The case was prosecuted by Assistant U.S. Attorney Richard L. Murphy and was investigated by the FBI.