U.S. charges Chinese man with NY Fed software theft

NEW YORK (Reuters) - U.S. prosecutors arrested a Chinese computer programmer on charges he stole software code valued at nearly $10 million from the Federal Reserve Bank of New York. Bo Zhang, 32, of Queens, New York, worked as a contract programmer at the bank. He was accused of illegally copying software to an external hard drive, according to a criminal complaint filed in U.S. district court in Manhattan. Authorities said the software, owned by the U.S. Treasury Department, cost about $9.5 million to develop. ...