Former Apple employee sentenced to prison for $17 million fraud scheme.

1 min read
Source: Engadget
Former Apple employee sentenced to prison for $17 million fraud scheme.
Photo: Engadget
TL;DR Summary

A former Apple employee has been sentenced to three years in prison and ordered to repay over $17 million after pleading guilty to charges of conspiracy to commit mail fraud and conspiracy to defraud the United States. Dhirendra Prasad, who worked as a buyer in Apple's Global Service Supply Chain department, conspired with two vendors to conduct fraud against Apple by taking kickbacks, stealing parts, inflating invoices, and causing Apple to pay for items and services it never received. Prasad used his insider knowledge of Apple's fraud detection practices to avoid being caught for several years.

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