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Apple Manager Arrested In Kickback Scheme

Posted by timothy on from the market-distortion-field dept.

pickens writes "A midlevel Apple manager was arrested Friday and accused of accepting more than $1 million in kickbacks from half a dozen Asian suppliers of iPhone and iPod accessories in a federal indictment unsealed and a separate civil suit. Paul Shin Devine, a global supply manager, and Andrew Ang, of Singapore, were named in a 23-count federal grand jury indictment for wire fraud, money laundering and kickbacks. 'Apple is committed to the highest ethical standards in the way we do business,' Apple spokesman Steve Dowling said in a statement. 'We have zero tolerance for dishonest behavior inside or outside the company.' The alleged scheme used an elaborate chain of US and foreign bank accounts and one front company to receive payments, the indictment said, and code words like 'sample' were used to refer to the payments so that Apple co-workers wouldn't become suspicious."

3 of 218 comments (clear)

  1. Re:highest ethical standards by Anonymous Coward · · Score: 5, Informative

    slave labor, destroying the environment, etc...

  2. The Good News by bacon+volcano · · Score: 5, Informative

    Looks like a Global Supply Manager position just became available!

    http://jobs.apple.com/index.ajs?BID=1&method=mExternal.showJob&RID=58206&CurrentPage=7

  3. Apple Manager Arrested In Kickback Scheme by omar.sahal · · Score: 5, Informative

    The indictment describes a scheme in which Devine used his position at Apple to obtain confidential information, which he transmitted to Apple suppliers, including Ang. In return, the suppliers and manufacturers paid Devine kickbacks, which he shared with Ang. The information enabled the suppliers to negotiate favorable contracts with Apple, according to the indictment.

    In case you wanted to know what the scam was, and not read the article.