Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > U.S. citizen jailed in Russia for 15 years leaked biotechnology secrets, FSB says
    Finance

    U.S. citizen jailed in Russia for 15 years leaked biotechnology secrets, FSB says

    U.S. citizen jailed in Russia for 15 years leaked biotechnology secrets, FSB says

    Published by Global Banking and Finance Review

    Posted on December 27, 2024

    Featured image for article about Finance

    MOSCOW (Reuters) - Eugene Spector, a U.S. citizen jailed for a total of 15 years this week after a Moscow court convicted him of espionage, was found guilty of passing biotechnology secrets to the United States, Russia's FSB security service said on Friday.

    Russian state news agencies reported on Tuesday that Spector, who was born in Russia and then moved to the U.S., had been handed a 13-year jail sentence for spying. This was added to an existing bribery sentence and converted into a new 15-year jail term in a maximum security penal colony.

    State media did not say how Spector had pleaded to the charges in his closed-door trial.

    The details of the espionage case against him were not made public at the time either. But the FSB, the main successor of the Soviet-era KGB, said on Friday that Spector had been acting on behalf of the Pentagon.

    "The American, acting in the interests of the Pentagon and a commercial organisation affiliated with it, collected and transferred to a foreign party various information on biotechnological and biomedical topics, including those constituting state secrets, for the subsequent creation by the U.S. of a system of high-speed genetic screening of the Russian population," the FSB said in a statement.

    The FSB, which usually says if a defendant has confessed, did not say how Spector - who had already been serving a 3-1/2-year sentence in Russia for bribery - had pleaded.

    Before his 2021 arrest in the earlier case, Spector served as chairman of the board of Medpolymerprom Group, a company specialising in cancer-curing drugs, state media has said.

    In his first court case, Spector pleaded guilty to helping bribe an assistant to an ex-Russian deputy prime minister, according to Russian state media.

    (Reporting by Andrew Osborn; Editing by Gareth Jones)

    Related Posts
    Morning Bid: BoE to make the cut as others stay the course
    Morning Bid: BoE to make the cut as others stay the course
    Beauty retailer Douglas cuts 2026 sales target
    Beauty retailer Douglas cuts 2026 sales target
    Lufthansa plays catch up with European rivals after bumpy ride
    Lufthansa plays catch up with European rivals after bumpy ride
    Sterling steady before expected BoE rate cut
    Sterling steady before expected BoE rate cut
    European shares muted ahead of key central bank decisions, US data
    European shares muted ahead of key central bank decisions, US data
    BP picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit
    BP picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit
    Elliott gears up for Barnes & Noble and Waterstones listing, FT reports
    Elliott gears up for Barnes & Noble and Waterstones listing, FT reports
    Aena to buy majority stakes in UK airports for $360 million
    Aena to buy majority stakes in UK airports for $360 million
    Micron shares up 12% in Europe after blowout forecast
    Micron shares up 12% in Europe after blowout forecast
    Analysis-More mega deals coming as chase for scale fuels near record-breaking year for M&A
    Analysis-More mega deals coming as chase for scale fuels near record-breaking year for M&A
    Incoming BP chief charted expansive legacy at Australia's Woodside
    Incoming BP chief charted expansive legacy at Australia's Woodside
    Campari sells Averna and Zedda Piras in 100 million euro deal
    Campari sells Averna and Zedda Piras in 100 million euro deal

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Mercedes brings forward €5 billion fixed cost reduction target to end-2026 - Manager Magazin

    Mercedes brings forward €5 billion fixed cost reduction target to end-2026 - Manager Magazin

    China says it is granting new, streamlined rare earth export licences

    China says it is granting new, streamlined rare earth export licences

    Romania to raise minimum wage by 6.8% from July

    Romania to raise minimum wage by 6.8% from July

    UK electricals retailer Currys says well placed for Christmas

    UK electricals retailer Currys says well placed for Christmas

    Coinbase appoints UK ex-finance minister George Osborne to run advisory council

    Coinbase appoints UK ex-finance minister George Osborne to run advisory council

    EU must reform or risk irrelevance, Blair and Dimon say

    EU must reform or risk irrelevance, Blair and Dimon say

    Europe's auto industry future may be electric even after EU climbdown

    Europe's auto industry future may be electric even after EU climbdown

    Factbox-Can Ukraine survive without the EU's 'reparation loan'?

    Factbox-Can Ukraine survive without the EU's 'reparation loan'?

    EU leaders face crunch decision on using frozen Russian assets for Ukraine

    EU leaders face crunch decision on using frozen Russian assets for Ukraine

    Analysis-Return of 'Make Europe Great Again' trades hinges on German comeback

    Analysis-Return of 'Make Europe Great Again' trades hinges on German comeback

    Boeing, union pause contract talks for former Spirit AeroSystems engineers

    Boeing, union pause contract talks for former Spirit AeroSystems engineers

    ECB to hold rates steady as euro zone economy shows resilience

    ECB to hold rates steady as euro zone economy shows resilience

    View All Finance Posts
    Previous Finance PostAzerbaijan Airlines says plane crash caused by 'external interference'
    Next Finance PostShell shuts down oil processing unit to investigate leak, Singapore's port authority says