“A former Apple Inc. employee pleaded guilty to multiple criminal counts after being accused of taking kickbacks from Asian suppliers,” Dan Levine reports for Reuters.
“Paul Devine, who worked at the iPhone maker as a global supply manager, was accused of using his position to pass confidential information to help suppliers negotiate favorable contracts with Apple. He worked there from 2005 until 2010,” Levine reports. “Apple launched an internal investigation last year and found a cache of emails between Devine and the suppliers, according to a civil lawsuit the company filed against Devine. U.S. prosecutors then obtained an indictment on 23 counts in August.”
Levine reports, “Devine pleaded guilty on Monday to wire fraud, conspiracy and money laundering in a San Jose federal court, the U.S. Attorney’s office announced. He also agreed to forfeit about $2.28 million in money and property.”
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