Apple Manager Charged with Taking $1 Million in Kickbacks

Monday Aug 16th 2010 by Staff

Apple global supply manager Paul Shin Devine has been accused of accepting money from Asian iPod and iPhone accessory manufacturers.

PCWorld: On Friday, Apple global supply manager Paul Shin Devine was arrested on charges filed in the U.S. District Court for the Northern District of California. Devine is accused of accepting $1 million from Asian manufacturers of iPod and iPhone accessories in exchange for confidential information that helped the companies gain favorable contract terms with Apple. He faces 15 counts of wire fraud, five counts of money laundering, one count of wire fraud conspiracy and one count of monetary transactions with criminally derived property.

In addition, Apple has sued Devine in civil court.

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