Abstract
Four former Du Pont employees were arrested last week in a Geneva, Switzerland, parking lot as they tried to elude a police trap. The four, and a fifth accomplice who escaped, had demanded that Du Pont pay them $10 million for documents detailing proprietary production technology for Du Pont's Lycra spandex fiber. All five are Argentine nationals who had at one time worked in Du Pont's Mercedes, Argentina, fiber plant. The public disclosure of this dramatic extortion attempt underscores the importance of spandex fiber to Du Pont. The company holds the lion's share of the world market for the multifilament segmented polyurethane fiber, which was invented by Du Pont scientists. According to Du Pont officials and Federal Bureau of Investigation special agent Joseph V. Corless, who supervised the agency's investigation, the story began to unfold in December last year when Bruno Skerianz met with Du Pont officials and an FBI agent posing as a Du ...
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