From PC Mag: Federal prosecutors last week charged a former Apple employee with defrauding the company out of more than $10 million.
Dhirendra Prasad, 52, worked as a buyer in Apple's global service supply chain for a decade between December 2008-2018—during which he allegedly accepted kickbacks, stole equipment, and laundered money, the Associated Press reports.
Prasad now faces five criminal counts in San Jose federal court, including conspiracy to commit wire and mail fraud, conspiracy to launder fraud proceeds, tax evasion, and conspiring to help a co-conspirator evade their taxes.
The federal government has seized from Prasad five real estate properties and financial accounts worth about $5 million, to be kept as "proceeds of crime," according to San Jose US Attorney Stephanie Hinds.
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