CEDAR RAPIDS, Iowa (KCRG-TV9) -- A former DuPont employee pleaded guilty to trade secret theft and lying to the FBI on July 11.
55-year-old Josh Isler, from St. Ansgar, admitted during his guilty plea to having stolen trade secrets from DuPont after accepting an employment offer from a competitor in the ethanol fuel enzyme business.
Isler said he transferred hundreds of DuPont's electronic files to an external device knowing the files contained proprietary information and DuPont trade secrets. The files also related to DuPont customers whose business the competitor was seeking.
Isler said he kept the files and transferred some to his new employer when he started his new job. He also admitted to falsely denying that he had downloaded the files during an interview with the FBI in November 2013.
Isler faces a combined maximum sentence of 15 years in prison, a fine of up to $500,000 and eight years of supervised release following the prison sentence. He may also be ordered to pay restitution to DuPont.
Isler was released on bond and his sentencing will be set at a later date.