Former Apple employee Dhirendra Prasad was accused of defrauding Apple last year . The result of the legal process for Prasad, who admitted his guilt, was announced a while ago. In Apple's fraud case, Prasad was also sentenced to three years in prison for stealing $17 million from the firm.
Huge fine for ex-employee who defrauded Apple
According to the outcome of the investigation made against the former Apple employee, Prasad, who admitted his guilt, had to pay Apple $19 million in damages . The person who defrauded Apple of $ 17 million was also sentenced to 3 years in prison . Dhirendra Prasad, 55, was first indicted in March 2022 and later found guilty of conspiracy to defraud Apple and related tax charges in November last year.
It is known that Prasad worked at the company between 2008-2018 and mostly took part in Apple's global supply chain . The California District Attorney's Office found Prasad guilty of charging commissions, overbidding, stealing parts , and making the company pay for services it never received.
Huge fine for ex-employee who defrauded Apple
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Metin AkpinarMetin AkpinarTechnology Editor 3
The penalty to be paid by the ex-employee who defrauded Apple has been determined
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Former Apple employee Dhirendra Prasad was accused of defrauding Apple last year . The result of the legal process for Prasad, who admitted his guilt, was announced a while ago. In Apple's fraud case, Prasad was also sentenced to three years in prison for stealing $17 million from the firm.
Huge fine for ex-employee who defrauded Apple
According to the outcome of the investigation made against the former Apple employee, Prasad, who admitted his guilt, had to pay Apple $19 million in damages . The person who defrauded Apple of $ 17 million was also sentenced to 3 years in prison . Dhirendra Prasad, 55, was first indicted in March 2022 and later found guilty of conspiracy to defraud Apple and related tax charges in November last year.
The penalty to be paid by the ex-employee who defrauded Apple has been determined
View Full Size
It is known that Prasad worked at the company between 2008-2018 and mostly took part in Apple's global supply chain . The California District Attorney's Office found Prasad guilty of charging commissions, overbidding, stealing parts , and making the company pay for services it never received.
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"Through his position at Apple, Prasad has been given significant discretion to make autonomous decisions that benefit his employer. Prasad has betrayed that trust and accepted hundreds of thousands of dollars' worth of compensation from Apple in the form of salaries and bonuses, while accepting compensation from his employer," the U.S. Department of Justice said in a statement . He abused his power to enrich himself at his expense." Prasad was also found to be tax evasion. In addition to the $19 million Prasad will pay Apple, the court has decided that the person must also give up the $5.4 million worth of assets he has already seized and pay an additional $8.1 million in cash.