US charges former Apple buyer with defrauding more than US$10 million from company

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

US prosecutors have charged a former Apple Inc employee with defrauding the iPhone maker out of more than US$10 million in a series of schemes. Dhirendra Prasad faces five criminal counts after exploiting his \u0022position of trust\u0022 as a buyer in Apple\u0027s global service supply chain to defraud the company,

US prosecutors have charged a former Apple Inc employee with defrauding the iPhone maker out of more than US$10 million in a series of schemes.

Prosecutors said that as an Apple buyer, Prasad negotiated with vendors and placed orders, with Apple making payments based on invoice amounts he entered into its purchasing system. Prosecutors said Prasad also evaded taxes on and laundered proceeds from his schemes. Apple fired him in December 2018 after a decade of employment, court papers show.

Two owners of vendors that did business with Apple and who allegedly conspired with Prasad on similar fraud schemes pleaded guilty to related charges in December, court records show.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

US charges former Apple buyer with defrauding more than $10 million from companyU.S. prosecutors have charged a former Apple Inc employee with defrauding the iPhone maker out of more than $10 million in a series of schemes.Dhirendra Prasad faces five criminal counts after exploiting his 'position of trust' as a buyer in Apple's global service supply chain to defraud the company, acco
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »