Bond denied for Chinese national accused of selling corporate secrets

CHARLOTTE, NC (WBTV) - A man accused of stealing corporate secrets from a Charlotte-based company and selling them to the Chinese government will stay in jail.

Bond was denied for Xiwen Huang.

Huang's LinkedIn page states the Chinese national was a tech manager at CoaLogix in Charlotte for 2 years.

What Assistant U.S. Attorney Kevin Zolott laid out in court against Huang read like a suspense novel.

The government's narrative spoke of a double life, overseas bank accounts, and reams of stolen documents.

U.S. Magistrate Judge David Keesler said "no bail" for Huang in court on Friday.

Huang is accused of ripping off corporate documents from two American companies, that are not being named, and having papers connected to 10 other companies.

Federal investigators say that he sold them to the Chinese government.

Huang's wife was in court, and it was learned that she is a fourth-grade teacher at the Waddell Academy, which is a part of the Charlotte-Mecklenburg School (CMS) System.

Prosecutors say that Huang lived a double life between Charlotte and China, and that he received grant money from the Chinese government and had multiple bank accounts between Charlotte and points in Asia.

U.S. Magistrate judge David Keesler called Huang a flight risk, but Defense Attorney Noel Tin is disappointed in the ruling.

"We plan to appeal the magistrates ruling. Otherwise there's not much very much we can say publicly given the nature of this case," he said.

WBTV learned that Huang was educated at Auburn University.

Meanwhile, the government released what they say is just a small amount in the case, and that most of it remains contained in sealed documents.

Xiwen Huang is due back in court on May 26.