Trio charged for stealing Coke secrets

Published: 11:37AM Friday July 07, 2006 Source: RNZ

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US Federal prosecutors have charged three people with stealing confidential information from Coca-Cola, including a sample of a secret new drink, and trying to sell it to rival PepsiCo.

The three, who include an executive administrative assistant at Coke, were charged with wire fraud along with stealing and selling trade secrets.

Federal prosecutors in Atlanta say the trio sought to sell the information in deals worth as much as US$1.5 million.

Federal prosecutors say Coke was told of the theft by Pepsi, with Coke saying its closely guarded formula is safe.

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