Chinese Magnet Co. CEO Latest Charged In DOD Supply Scam

By Dorothy Atkins ( December 6, 2024, 9:13 PM EST) -- Federal prosecutors on Friday unsealed the latest indictment in an allegedly sprawling conspiracy involving Quadrant Magnetics LLC and its employees, charging Quadrant's CEO with conspiring to export sensitive U.S. defense data to China while illegally selling U.S. defense companies Chinese-made Quadrant magnets....

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