Former Georgia Tech Joy Laskar accused of stealing $1m from the university.

Joy Laskar, a former Georgia Tech, has been indicted on racketeering charges of running a scheme that led to the theft of $1m from the university.

It is alleged that the professor used university resources to buy microchips from France-based CMP to benefit Sayana Wireless, a company owned by Laskar.

Laskar was previously jailed on racketeering charges in 2010 after apparently diverting university money into the company.