REDWOOD CITY, CA. Wednesday, July 16, 2003 - A Siebel employee wanted for grand theft and computer fraud has fled the area after REACT investigators secured a $500,000 warrant for his arrest.

Fan Tai Pu, 28 years old, of Union City, hacked into the web site of Kingston Technology, and defrauded the company of $50,000. Pu was able to change the retail price of the merchandise that he was purchasing from Kingston, and later sold the products at a profit on an on-line auction site.

Headquartered in Fountain Valley, Kingston Technology Company, Inc. is the world's largest independent manufacturer of memory products for desktop computers, notebooks, servers, workstations, laser printers, digital cameras and palm-top computers.

The inequity in revenue was noticed during a sales review by Kingston auditors in April 2003. The Fountain Valley Police Department tracked down the delivery address on the merchandise that Pu had purchased, and notified the San Mateo County REACT Task Force. On May 29, 2003, REACT investigators procured search warrants for Pu's home, office and workplace computer. The searches produced enough evidence to implicate Pu in the crimes.

REACT task force agent Dan Wright said that during the suspect's interview, Pu admitted to altering the product prices on the Kingston web site, using his office computer, and requested that the products be delivered to his home in Union City. The arrest warrant was issued on July 10, 2003. Pu fled the area sometime between the end of June and the beginning of July 2003. REACT investigators are working with other police agencies to ensure Pu's swift return to the Bay Area to face the charges.

"Pu offered to pay restitution to Kingston Technology," said REACT task force agent Dan Wright. "But we will arrest him as soon as he sets foot in the United States."

Siebel Systems has cooperated fully with REACT's investigation.