The Blades Just Keep Spinning
Sinovel encouraged him to leave AMSC, promising to pay him a million dollars over five years (along with an apartment, and, reportedly, a prostitute). His advance was only 15,000 euros, but it did the trick. Karabasevic resigned, but his supervisor asked him to stay on for a while, with full access to the company’s systems. This allowed him time to create a bootleg version of the AMSC controller software, and to transfer it to his future employer in China. This was the software that evaded the AMSC technicians’ diagnostic tools and allowed the windmills to keep turning when they should have turned off. It would be some months before the company learned about their former employee’s treachery, but in the meantime it had lost almost 90% of its revenue, shed a billion dollars in shareholder equity, and had to lay off 700 employees.