Eight Arrested in Alleged Scheme to Sell Cutting-Edge Military Technology to Russia

A Houston company accused in a scheme to sell high-tech electronics to the Russian military and intelligence agencies told employees to hide information about the technology, the Associated Press reports, citing an FBI agent.
In custody are Arc Electronics Inc. owner Alexander Fishenko and seven employees accused of illicitly selling military technology to Russia since 2008, according to the AP.
The company’s director of procurement, the AP reported, is a Russian immigrant and current U.S. citizen who is considered a flight risk.
A detention hearing is set for Wednesday, the AP reported.
Posted: 10/8/12 at 8:28 AM under FBI, News Story.
Tags: Arc, Arc Electronics, Houston, military technology, Texas
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