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Former Apple Employee Pleads Guilty to Stealing More Than $17 Million
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I don't know. It seems to me any time in prison is enough of a deterrent for most people, after that it you are in diminishing returns. Are there really any people for whom 15 years isn't a deterrent but 25 is? Even the threat of the death penalty doesn't stop all murders.
The lesson I’m choosing to learn here is he probably could have gotten away with something way less than $17 million.
Then again we only know of people that do get caught. How many are going about their day normally and getting away with it?
As a formerly employed by apple "person" I have to say how did this go on for so long?!
Former Apple employee Dhirendra Prasad this week pled guilty to conspiracy to commit fraud and conspiracy to defraud the United States after stealing more than $17 million from Apple through mail and wire fraud schemes.
According to the Northern California District Attorney's office, Prasad worked for a ten-year period between 2008 and 2018. He was in the Global Service Supply Chain department, buying parts and services for Apple from vendors.
Starting in 2011, Prasad began accepting kickbacks, inflating invoices, and stealing parts, which resulted in Apple paying for items and services that it did not receive. Prasad worked with two Apple vendors, Robert Gary Hansen and Don M. Baker, to steal money.
In 2013, for example, Prasad had motherboards shipped from Apple's inventory to Baker's company, CTrends. Baker had the components from the motherboards harvested, with Prasad arranging purchase orders for the harvested components so that Apple paid for parts it already owned. The two split the funds from the arrangement.
In 2016, Prasad had components shipped from Apple to Hansen's business, Quality Electronics Distributors, Inc. Hansen intercepted the components, put then in new packaging, shipped them back to Apple's warehouse, and charged Apple for it through Prasad.
Prasad also funneled illicit payments from Hansen to his creditors, and he also created a shell company to send sham invoices to CTrends to hide illicit payments and to allow Baker to claim hundreds of thousands of dollars of unjustified tax deductions.
Prasad could spend up to 25 years in prison after he is sentenced, with the hearing set to take place in March 2023. He also must forfeit $5 million in assets that he gained from the schemes.
Article Link: Former Apple Employee Pleads Guilty to Stealing More Than $17 Million
Throughout the years working for them I eventually came across the "Apple Goons", maybe in the upper echelons of the company there is no oversight?
I've seen the goons chase employes running in terror from the building, for minor theft
Imagine "swole" body building looking guys in apple clothing, you get pulled into an office for questioning and the door closes from the other guy you never saw that was behind it. Just you and two intimedators in a small office. Those kinds of goons.
The Most Wanted Criminals Who Never Got Caught - Grunge
Criminals have long captivated the public, and their images have often been splashed across newspapers. Here are The most wanted criminals who never got caught.
www.grunge.com
Want to be a criminal in America? Stealing billions is your best bet to go scot-free | Judd Legum
A wave of shoplifting crimes is attracting front-page news, while the $15bn stolen by corporations from workers receives no coverage at all
A California couple vanished after stealing millions in Covid-19 relief funds. They left a goodbye note for their three kids | CNN
A husband and wife were facing prison for a covid relief fraud scheme when they fled their California home, abandoning their three children. Three months later, they still haven’t been found.
He should have fled to the Muldives or some other country with no extradition treaty with the U.S.