A computer programmer who thought it wise to nick a bit of Federal Reserve Bank’s exquisite code was recently arrested and faces up to 10 years in the can.

32-year-old Bo Zhang copied the code onto his drives while he worked as a contractor in the Federal Reserve Bank of New York. Unfortunately, it turned out he dipped into a $9.5 million worth code.

Zhang is said to have admitted to the crimes. Apparently, he used the code for purposes of his programming training company. [Mabe he just thought stealing from thieves was not a crime. Ed]

More here.