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.”

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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!