HomeBusinessIndian-origin ex-employee acknowledges Apple $17 million fraud.

Indian-origin ex-employee acknowledges Apple $17 million fraud.

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  • 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.

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