Ex-Apple Employee Receives Jail Time and Restitution for $17 Million Fraud Scheme.

A former Apple employee, Dhirendra Prasad, has been sentenced to three years in jail and ordered to pay nearly $19.3 million in restitution for stealing millions of dollars from the company. Prasad's scheme involved taking kickbacks, inflating invoices, and causing Apple to pay for items and services it never received. He used insider information to avoid Apple's fraud-detection techniques. Prasad was also accused of using the money he swindled to acquire multiple properties and other assets valued at over $5 million that he later forfeited.