U.S. prosecutors have indicted a former Apple Inc. employee for defrauding the iPhone maker of $ 10 million in a series of fraudulent schemes.
According to a San Jose California Federal Court filing, Dhirendra Prasad faces 5 criminal charges after he was found to have exploited a ‘trust position’ as a buyer in Apple’s global services supply chain to defraud the company.
In the filing,
Prasad is said to have negotiated with the vendor and placed the order on Apple's behalf for payment.
Also accused of cheating Apple by taking bribes.
He was also found to have stolen spare parts by using fake repair orders causing Apple to pay for the items without his knowledge.
Participating in the indictment, he had evaded taxes and laundered the proceeds of his scheme.
It is also said that Prasad committed criminal bribery of wire and mail fraud, money laundering and cheating to evade taxes.
Meanwhile, Apple fired Prasad in December 2018 after a decade working at the company under the Global Service Supply Chain Department.
Meanwhile, the Court allowed the federal government to seize 5 real estate assets and financial accounts worth $ 5 million belonging to Dhirendra Prasad.
Prasad, who does not know whether to appoint a lawyer or not, is scheduled for trial on March 24.
Apart from that, 2 vendors accused of being involved in a fraud scheme with Prasad were also charged in court for the same reason last December.
Until now, Apple has not given any further information.
