Ex-Apple worker sentenced to prison and ordered to pay millions for fraud.

TL;DR Summary
A former Apple employee, Dhirendra Prasad, has been sentenced to three years in prison and ordered to pay back over $19 million after taking kickbacks, stealing parts, inflating invoices, and causing Apple to pay for items and services it never received. Prasad pleaded guilty to conspiracy to commit mail fraud and wire fraud, and one count of conspiracy to defraud the United States. He used his position at Apple to enrich himself at his employer's expense and also used his insider information regarding the company's fraud-detection techniques to design his criminal schemes.
- Ex-Apple worker sent to prison for fraud, ordered to pay $19 million USA TODAY
- Ex-Apple employee sentenced to three years in prison after $17 million fraud scheme Engadget
- Apple employee who defrauded company of millions sentenced to three years in prison CNBC
- A Former Employee Will Spend Three Years In Prison For Defrauding Apple TheStreet
- Former Apple employee sentenced for stealing $17 million from company The Verge
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
74%
354 → 92 words
Want the full story? Read the original article
Read on USA TODAY