Ex-Quicken Loans Inc. employee charged with wire fraud, theft of trade secrets
A former employee at Livonia-based Quicken Loans Inc. could face up to 20 years in federal prison and $500,000 in fines, on allegations of stealing its Web site software and using it in his consulting work for another company.
Michael Hummel, 35, of Saline, formerly a senior Web development and senior software engineer at Quicken, faces felony charges of wire fraud and theft of trade secrets from Quicken under a federal indictment unsealed today.
Federal prosecutors allege Hummel, while working on the real estate lending company’s Web Interaction Team in 2005-06, stole a computer operating framework that supported Quicken’s Web site and aided quick page uploads for its online users.
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