Previous Apple staff member Dhidrenda Prasad was today sentenced to 3 years in jail and was purchased to pay more than $17 million in restitution to Apple. Back in November, Prasad pled guilty to conspiracy to devote scams and conspiracy to defraud the United States after taking countless dollars from Apple.
Prasad belonged to Apple’s Global Service Supply Chain department in between 2008 and 2018, and his task was to purchase parts and services from suppliers for servicing older gadgets. In 2011, Prasad began accepting kickbacks, pumping up billings, and taking parts, triggering Apple to spend for parts and services that it did not get.
2 suppliers dealt with Prasad to take cash from Apple. His plans consisted of funneling illegal payments from the suppliers to his financial institutions, fooling Apple into spending for parts two times, and taking parts acquired by Apple and reselling them to Apple through his co-conspirators. In overall, he was condemned of taking $17 million through mail and wire scams.
He will surrender almost $5.5 million in properties that the federal government has actually currently taken, and will require to pay an extra $8 million in forfeit cash. The $13.5 million forfeit is on top of the $17 million that he need to pay to Apple and the $1.8 million he owes to the internal revenue service for not paying taxes on the cash he got from Apple.
After serving 3 years in jail, he will have another 3 years of monitored release.
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