Former Apple Employee Charged With Defrauding Company of Over $10 Million

A former Apple employee involved in the company's supply chain and responsible for making order purchases and invoicing them back to Apple has been charged by U.S prosecutors for defrauding the tech giant of over $10 million, Reuters reports.

Apple Logo Cash Orange 1
According to court filings in San Jose, California seen by Reuters, Dhirendra Prasad, a former employee in Apple's supply chain, is facing five criminal counts of misusing his position as a buyer in Apple's global service supply chain to make Apple pay for items and services it never actually received.

Apple fired Prasad in December 2018 after he had worked for the company for over ten years. In the court filings, Prasad is also accused of evading taxes and is facing charges of wire and mail fraud and money laundering. His hearing is set for March 24.

Top Rated Comments

Cheruman Avatar
9 months ago
10 million? Wow, that’s almost 3 Apple monitor stands’ worth!
Score: 22 Votes (Like | Disagree)
seanmills1020 Avatar
9 months ago

10 million? Wow, that’s almost 3 Apple monitor stands’ worth!
Plus two sets of Mac Pro wheels.
Score: 13 Votes (Like | Disagree)
seanmills1020 Avatar
9 months ago
The official charge is iFraud.
Score: 11 Votes (Like | Disagree)
Reggaenald Avatar
9 months ago
Go big or go home. He ain’t going home.
Score: 10 Votes (Like | Disagree)
xnu Avatar
9 months ago
An anonymous source told me he stole from the swear jar. "#$@% that was two days worth!"
Score: 8 Votes (Like | Disagree)
zorinlynx Avatar
9 months ago
How the heck does someone manage to get $10 million into this kind of fraud before someone notices? This is insane!

They even talk about seized properties, as in, real estate... What? How? It's a little disturbing that Apple doesn't have better auditing.
Score: 6 Votes (Like | Disagree)

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