2023-04-27 15:11:28
After admitting to running fraud schemes, a former employee of Apple was sentenced to three years in prison and should reimburse the Cupertino giant, as well as Internal Revenue Service (IRS) — the Internal Revenue Service of the United States —, in more than US$19.2 million.
According to a statement from the US Attorney’s Office for the Northern District of California, as part of the sentencing agreement, he must pay US$17.398.104 to Apple, while the IRS will receive US$1.872.579.
As we inform you, Dhirendra Prasad was originally accused of fraud in March 2022, when it was alleged that he had obtained kickbacks and made Apple pay for undelivered goods and services. For most of the ten years he worked at Maçã (between December 2008 and December 2018), he worked as a purchasing manager, with the schemes starting in 2011.
According to the government’s sentencing memorandum, by virtue of his position at Apple, Prasad was given substantial freedom to make autonomous decisions to benefit his employer. Prasad betrayed that trust and abused his power to enrich himself at the expense of his employer — while accepting hundreds of thousands of dollars in compensation from Apple in the form of salary and bonuses.
According to the US Department of Justice, Prasad also used his insider information about Apple’s fraud detection techniques to design his schemes and thus avoid detection.
He, however, did not act alone in the schemes, having two other accomplices: Robert Gary Hansen e Don M. Baker, who admitted their involvement in the case. The three used a shell company to hide illicit payments and reportedly also benefited from tax deductions in the process.
In addition to the three-year prison sentence and compensation for the aforementioned amount, Judge Freeman ordered Prasad to forfeit more than US$5.4 million in assets — which have already been seized by the government — and pay an additional cash forfeiture sentence worth more than US$8.1 million.
Quite a bit of money, huh?!
via Patently Apple
1682609615
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