Ex-St. Jude Medical VP Charged With Stealing $117 Million, Trade Secrets

A former vice president at St. Jude Medical (NYSE:STJ), who was reportedly asked to leave Boston Scientific (NYSE:BSX) for making “bad purchases,” was charged with stealing $117,000 from St. Jude and taking trade secrets with him after he was fired, the Minneapolis Star Tribune reported.

Authorities in Ramsey County, Minn., charged Bryan Szweda with 5 felony counts of theft by swindle and a single felony charge of theft of trade secrets, the newspaper reported. Szweda allegedly bilked St. Jude for tickets to basketball games, concerts and for jaunts to strip clubs, according to the Star Tribune.

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