According to court documents, Underwood âin mid-March 2011 became panicked about his financial situation when his stock brokerage account was frozen.â The value of his account plummeted from $68,813 in February 2011 to negative $89,624 two months later. It was at that time he offered his services to the Chinese government. I am sending this letter to inform you of my interest in initiating a business arrangement with your office,â he wrote. âI know I have information and skills that would be beneficial to your offices' goals. And I know your office can assist me in my financial endeavors.â http://www.latimes.com/news/nation/nationnow/la-na-nn-china-secrets-20120830,0,3696564.story