Indian-origin ex-employee acknowledges Apple $17 million fraud.
- According to the California Department of Justice, former Apple employee Dhirendra Prasad pled guilty to fraud that cost the business over $17 million.
- On Tuesday, the 52-year-old Apple employee pled guilty. He purchased Apple components and services from suppliers.
- Prasad claims he started defrauding Apple in 2011 by collecting bribes, falsifying bills, stealing components, and billing for services he never provided. Prasad which cost the corporation $17 million through 2018.
- In the plea deal, Prasad named Central District of California residents Robert Gary Hansen and Don M Baker as co-conspirators.
- Prasad will stay free until his March 14, 2023 sentence hearing.