Apple exec charged with taking kickbacks
By Lisa Shumaker |
August 16, 2010, Monday
|
Print Edition
Print Edition
A MANAGER at Apple Inc has been charged in California with taking kickbacks he received after leaking corporate secrets to Asian companies that supplied iPhone and iPod accessories, court documents showed.
Paul Shin Devine, a global supply manager at the company since 2005, was accused by federal authorities of accepting kickbacks from six Asian companies. Authorities said they were located in South Korea, China and Singapore.
Devine, 37, also faces a civil suit filed by Cupertino, California-based Apple, which accused him of receiving more than US$1 million in payments and bribes over several years, the San Jose Mercury News reported.
Devine appeared in court last Friday in San Jose but no bail was set, according to court documents. He is due to return to court today.
Devine was charged in a federal grand jury indictment on Wednesday with 23 counts of wire fraud, money laundering, conspiracy and accepting kickbacks, documents showed.
"Apple is committed to the highest ethical standards in the way we do business," Apple spokesman Steve Dowling said in a statement, according to the Mercury News.
Paul Shin Devine, a global supply manager at the company since 2005, was accused by federal authorities of accepting kickbacks from six Asian companies. Authorities said they were located in South Korea, China and Singapore.
Devine, 37, also faces a civil suit filed by Cupertino, California-based Apple, which accused him of receiving more than US$1 million in payments and bribes over several years, the San Jose Mercury News reported.
Devine appeared in court last Friday in San Jose but no bail was set, according to court documents. He is due to return to court today.
Devine was charged in a federal grand jury indictment on Wednesday with 23 counts of wire fraud, money laundering, conspiracy and accepting kickbacks, documents showed.
"Apple is committed to the highest ethical standards in the way we do business," Apple spokesman Steve Dowling said in a statement, according to the Mercury News.
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