Ex-Apple employee sentenced to three years in prison after $17 million fraud scheme
has been sentenced to three years in prison and ordered to repay his ill-gotten gains. Dhirendra Prasad, who primarily worked as a buyer in Apple's Global Service Supply Chain department during his time at the company, admitted to charges of conspiracy to commit mail fraud and conspiracy to defraud the United States in November. AsPrasad joined Apple in 2008 and carried out his schemes between 2011 and 2018.
The government has already seized $5.5 million worth of assets from Prasad, who a judge ordered to pay an additional forfeiture money judgment of $8.1 million. On top of that sum and the $17.4 million Prasad has been told to give back to Apple, he was ordered to pay $1.9 million to the Internal Revenue Service — he conceded that he did not pay tax on the proceeds of his schemes. Following Prasad's time in prison, he will have to serve three years of supervised release.
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