US accuses former Apple buyer of defrauding more than 10 million USD from the company According to Reuters
© Reuters. FILE PHOTO: Logo of Apple Inc. is seen in the lobby of New York City’s flagship Apple store January 18, 2011. REUTERS / Mike Segar
By Jonathan Stempel
(Reuters) – U.S. prosecutors have charged a former Apple Inc (NASDAQ:) employee with defrauding the iPhone maker of more than $10 million in a series of schemes.
Dhirendra Prasad faces five counts after exploiting his “position of trust” as a buyer in Apple’s global services supply chain to deceive the company, according to filings on Friday. with federal court in San Jose, California.
Prosecutors said that as an Apple buyer, Prasad negotiated with suppliers and placed orders, with Apple making payment based on the amount on an invoice he entered into the system. your purchasing system.
Prasad allegedly deceived Apple by getting kickbacks, stealing parts using the wrong repair order, and making Apple pay for items and services it never received.
Prosecutors said Prasad also evaded taxes and laundered money from his schemes. Court papers show Apple fired him in December 2018 after a decade on the job.
It is unclear whether Prasad has an attorney. Prasad could not be immediately reached on Sunday for comment. A phone number listed for him was disconnected.
Two owners of suppliers who did business with Apple and who allegedly conspired with Prasad about similar fraud schemes pleaded guilty to related charges in December, court filings show. .
Prasad faces charges including conspiracy to commit wire and mail fraud, money laundering and defrauding the United States, as well as tax evasion.
His settlement is scheduled for March 24. Prosecutors also want Prasad to seize millions of dollars in real estate and other assets.
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