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Man convicted of conspiring to pocket over 25,000 iPhones from repair company, costing firm US$5 million

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The man and his colleague exploited a loophole in processing and sold more than 25,000 iPhones to a buyer in Malaysia, making at least S$5.3 million in total profits.

SINGAPORE: A man was convicted on Monday of conspiring with a logistics manager to pocket more than 25,000 iPhones from a company tasked with repairing the devices, costing the firm US$5 million .

Lim was formerly an assistant operations manager at the company, and committed the offences between January 2018 and May 2019 after he quit his job. Phones that could not be repaired by the production team would be retained by the production team for further checks, or sent to Apple's warehouse vendor Schenker Singapore to be scrapped or torn down for parts, or repaired by a different service provider.

 

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