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The theft of U.S. trade secrets was costing American companies billions of dollars a year in lost sales when President Bill Clinton signed the Economic Espionage Act into law on Oct. 11, 1996. Although theft of proprietary data and products has been designated a federal criminal offense, it occurs every day, according to John C. Smith, president of the John C. Smith Group High Technology Investigations & Security Consulting of Silicon Valley and Roseville, Calif.
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Maggie Dewitt
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