A former employee who pleaded guilty was sentenced to three years in prison and reimbursement of his ill-gotten gains. Dhirendra Prasad, who primarily worked as a buyer in Apple’s global services supply chain division during his time at the company, pleaded guilty to charges of conspiracy to commit mail fraud and conspiracy to defraud the United States in November. like Notes, that two counts of conspiracy to commit money laundering were dismissed during sentencing.
Prasad joined Apple in 2008 and executed his plans between 2011 and 2018. The US Attorney’s Office for the Northern District of California, conspired with two sellers to conduct fraud against Apple by “taking bribes, stealing parts, inflating invoices, and causing Apple to pay for items and services it did not receive”. Prasad is said to have used his inside knowledge of Apple’s fraud detection practices to avoid capture for several years.
The government has already confiscated assets worth $5.5 million from Prasad, who has been ordered by the judge to pay an additional $8.1 million. On top of this amount and the $17.4 million Prasad was required to give back to Apple, he was ordered to pay $1.9 million to the Internal Revenue Service – he admitted he had not paid tax on the proceeds of his schemes. After Prasad’s jail term, he will have to serve three years of supervised release.
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