Ex-Apple Worker Charged With Defrauding Tech Large of $10M

A former Apple worker has been charged with defrauding the tech large of tens of millions of bucks thru robbery, taking kickbacks and cash laundering.

Dhirendra Prasad has been indicted on 5 fees, together with conspiracy to dedicate cord and mail fraud and two counts of conspiracy to launder fraud proceeds, in keeping with a courtroom submitting Friday. Prasad may be accused of tax evasion and conspiracy to defraud america govt.

Prasad labored for Apple between December 2008 and December 2018 as a purchaser within the corporate’s World Carrier Provide Chain division.

“Prasad used his place of believe at Apple to have interaction in a couple of other schemes to defraud Apple, together with taking kickbacks, stealing portions the use of false restore orders, and inflicting Apple to pay for pieces and products and services it by no means won,” prosecutors mentioned in a courtroom submitting that estimated the losses at greater than $10 million.

Two distributors also are accused of conspiring with Prasad to dedicate fraud and launder cash in separate federal circumstances.

Along with jail sentences if convicted, america Legal professional is looking for forfeiture of a number of homes and fiscal accounts value about $5 million related to the Prasad’s alleged crimes.

Prasad could not instantly be reached for remark. Apple did not instantly reply to a request for remark.