Back in August, police raiding the apartment of former Intel engineer Biswamohan Pani on a tip from the company, found sensitive and confidential data on his computer that had to do with the next generation of Intel Itanium processors. That data shouldn’t have been there. Now following an investigation the district court of Boston has charged Mr. Pani with four counts of wire fraud.

Pani had resigned from Intel in May, agreeing to continue working there through June 11, saying that he would use his remaining vacation time to close out his time with the company. However he had been engaged by rival company Advanced Micro Devices (AMD) as soon as June 2, when he still had access to his Intel laptop and to the Intel computer network. The FBI alleges and Pani was indicted for collecting the sensitive information he had access to as an Intel employee for its competitive value as its new employer.

It should be noted that this new employer needn’t necessarily have been AMD, as apparently the company was unaware of Pani’s… enterprise, and he had intended to use the stolen information as his own in order to advance himself in his new job, says the FBI.

The FBI and the Justice Department intervened and investigated Pani after being alerted by Intel, which learned of the affair from another Intel employee.

The four charges of wire fraud were brought against Mr. Pani on Wednesday to the Boston District Court in addition to a theft of trade secrets charge. If found guilty Biswamohan Pani could face up to 10 years in prison for the theft of trade secrets charge, and up to 20 years for each count of wire fraud.