Tons of empty threats.
Transponder - hilariousness. I'm sure that laptop has a tranponder that prodcasts its location everywhere it goes. Must really be good for battery life.
Hey if you can see the wireless card - that means he is on the campus network. Probably the best chance you are going to have of finding this guy. Negates your orginal assertion he wasn't on the network.
We all know Microsoft isn't tracking versions of windows everytime you get on a network. Funny.
As far as the data goes. Every year, numerous computers contain secret data. As in US Government Secret data are stolen by people who don't realize they have taken it. Ya, not many end up being charged with stealing secrets.
SEC will only go after someone if they use the data as inside information in buying stock at the IPO. Not likely. Unless the student could, figure out the company, and what the data actually meant. Not likely again.
Not sure why the FTC would care about trade secrets unless the student used them. Not likely again.
Very funny bluffs though.
The funniest thing is, the professor is the one in the deepest trouble. Because if he had a computer with all this "important data on it", they are going to want to know how it came to be that it was stolen. I doubt the student mugged him, meaning the professor left a computer with all this "valuable info" lying around.