Apple manager gets busted for leaking iphone & ipod secrets

[RMXO]

http://www.ipodnn.com/articles/10/08/14/apple.manager.accused.of.taking.pay.for.secrets/

Apple manager gets arrested & charge for leaking iphone & ipod secrets.

The US Marshals Service on Friday arrested Apple worldwide supply manager Paul Shin Devine for money laundering and wire fraud relating to leaking iPhone and iPod secrets. Officials accused Devine of taking over $1 million in illegal payments from iPhone and iPod accessory makers in return for internal data that helped them negotiate better terms with Apple. It's unclear what was transmitted from what the San Jose Mercury News had learned, but the companies were material suppliers from mainland China and Taiwan, South Korea and Devine's native Singapore.

Investigators at the FBI and IRS said the manager had avoided detection by Apple by establishing many shell bank accounts and using indirect payments. Some accounts in the target countries were in the name of Devine's wife, while some payments routed through an outside firm, CPK Engineering. Code words such as "sample" were used to throw off co-workers.

Wow! Can't wait for more info about this to come out. I'm curious how long has this guy been doing it. I'm no student of the law but this is considered corporate espionage right?

 

[Eldiablojoe]

$1,000,000 = Not worth time in prison.

Even Federal prison isn't the "camp" it used to be with the influx of more violent prisoners from RICO and state prison gang members being prosecuted Federally and housed at BoP.

 

[chembox]

Apple tries to be way too secretive and private, anyways.

 

[kernkraft]

$1,000,000 = Not worth time in prison.

Even Federal prison isn't the "camp" it used to be with the influx of more violent prisoners from RICO and state prison gang members being prosecuted Federally and housed at BoP.

The plan wasn't that in return for a prison sentence, you get $1m. The prison was just a possibility or a risk factor at the time. Now it's a virtual certainty with the other part of the formula being reduced too.

Crime pays if you don't get caught. Sometimes, even then, but you have to put a figure onto your life. A few years in prison might worth $1m to many people.

 

[RMXO]

$1,000,000 = Not worth time in prison.

Even Federal prison isn't the "camp" it used to be with the influx of more violent prisoners from RICO and state prison gang members being prosecuted Federally and housed at BoP.

My buddy & his partner got caught transporting Mary Jane across state line. They got busted in AZ because his partner was driving and got pulled over for a routine traffic violation. The cops that pulled them over happen to be with the canine unit & their dogs smelled the Mary Jane even though the officers couldn't.

They both served close to 3 yrs at a "Club Med" Federal Camp in their respectable states. It all depends on where they go & how they do in there. Prison is what you make of it, just like in life.

The plan wasn't that in return for a prison sentence, you get $1m. The prison was just a possibility or a risk factor at the time. Now it's a virtual certainty with the other part of the formula being reduced too.

Crime pays if you don't get caught. Sometimes, even then, but you have to put a figure onto your life. A few years in prison might worth $1m to many people.

I agree with your last sentence. I asked my buddy if it was worth it & he said it was. The money they would of made would of set both of them for life if they didn't get pulled over for a routine traffic violation. Funny how life bite's you back when you least expect it too.

 

[XLR8]

Apple tries to be way too secretive and private, anyways.

Actually, publicly traded corporations have to be very careful what they disclose to the public.