According to the US Internal Revenue Service and federal prosecutors, a former Apple employee is suspected of receiving kickbacks, fraud, and embezzlement of public funds and other charges, and his behavior caused Apple to lose tens of millions of dollars.
The former employee, Dhirendra Prasad, 52, worked at Apple from 2008 to 2018, most of the time as a buyer in Apple's global service supply chain. It is alleged that Prasad "participated in a number of different scams to defraud his employer" by taking advantage of his position with the supplier.
Prasad's offenses include "receiving kickbacks, stealing parts, and causing Apple to pay for products and services it never received," as well as other charges of fraud, money laundering, and tax evasion, each of which carries a maximum penalty of five to 20 dollars. years in prison. Allegedly, these activities caused a total of more than 10 million US dollars in damages to Apple.
The case has yet to go to trial, and Prasad will appear for the first time next Thursday in U.S. District Court in San Jose. Law enforcement agencies have obtained court approval to confiscate Prasad's $5 million worth of cash and property, with the aim of keeping the assets as proceeds of crime.
Prasad wasn't the only one implicated in the scam, two other California men who owned companies that sold to Apple and conspired with Prasad to defraud and launder money were also involved. The pair have been charged in separate cases and have both "confessed their guilt".
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