AP Wire | 07/21/2003 | FBI investigates University of Phoenix in trade secret case: “The FBI is investigating allegations that the nation’s largest for-profit university stole trade secrets from its former software provider and gave privileged access to a competing software company.

Chariot Software Group alleges that top-level administrators at The University of Phoenix, a subsidiary of Phoenix-based Apollo Group Inc., supplied passwords for Chariot’s software to another company, which then mimicked Chariot’s designs and used their servers to maintain the university’s online testing system.”

UGH! UOP, you’re making a freaking killing. Do you have any idea how much it’ll cost you (and all of your alumni) if you shave a few bucks off your R&D budget by stealing?! Say it ain’t so!

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