A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said.
SAN JOSE, Calif.
Dhirendra Prasad, 52, worked for 10 years as a buyer in Apple's Global Service Supply Chain department. A federal criminal case unsealed Friday alleges that he exploited his position to defraud the company in several schemes, including stealing parts and causing the company to pay for items and services it never received.
Prasad is scheduled to appear in court next Thursday to answer to charges of engaging in a conspiracy to commit fraud, money laundering and tax evasion. It’s unclear whether he has retained a lawyer. A phone number listed for him was disconnected.Two owners of vendor companies that did business with Apple have admitted to conspiring with Prasad to commit fraud and launder money, prosecutors said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Apple Employee Charged With Defrauding $10 MillionA former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money.
Read more »
Former Apple employee charged with defrauding $10 millionA former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money.
Read more »
Former Apple employee charged with defrauding $10 millionA former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said.
Read more »
Former Apple employee charged with defrauding $10 millionA former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money.
Read more »
Reward of $10 million offered in search for alleged Guatemalan cocaine kingpinReward of $10 million offered in search for alleged Guatemalan cocaine kingpin [Breaking]
Read more »
How to keep a $10 billion instrument perfectly cleanBefore it launched, an entire team of engineers had to work around the clock to keep every surface of the magnificent James Webb Telescope 100 percent clean.
Read more »