This former Apple employee has confessed to stealing more than 17 million dollars during his 10 years with the company.
A former Apple employee pleaded guilty in federal court this week to “conspiracy to defraud the United States” after Steal over $17 million from Apple. He could spend up to 25 years in prison for this crime against the Californian company.
Dhirendra Prasad worked at Apple for 10 years and most of the time, he was in a procurement-related role in Apple’s global services supply chain. To do this, he had two accomplices from two Apple supplier companies who also benefited from the plot.
Dhirendra Prasad pleaded guilty in federal court today to conspiracy to commit fraud and conspiracy to defraud the United States in connection with multiple schemes defrauding his then-employer, Apple, Inc., the United States Attorney General Stephanie M. Hinds.
This is how he stole all that amount of money from Apple
Prasad’s responsibilities involved purchasing parts and services for Apple from various vendors. Prasad admitted to having started defrauding Apple in 2011 using different tactics: kickbacks, inflate bills, steal parts, and charge Apple for items and services never received
Prasad admitted that this strategy continued until 2018 and that the total calculation of the bill it cost Apple more than $17 million. Asó likes to have two accomplices, Robert Gary Hansen and Don M. Baker.
In 2013, for example, Prasad shipped motherboards from Apple inventory to CTrends company, by Don M. Baker. Baker collected motherboard components and Prasad placed orders for new components that Apple already had. The two split the profits.
Another example that came to light happened in 2016. This time, Prasad shipped Apple components to Robert Gary Hansen’s company, Quality Electronics Distributors, Inc. Hansen picked up the components, put them in new packaging, sent them back to Apple’s warehouse and charged for them to the company through Prasad.
Dhirendra Prasad could pass up to 25 years in prison after being sentenced, which will be known after the hearing which will take place in March 2023. He must also return $ 5 million in assets he obtained with his criminal conspiracy against Apple.