Home United States USA — IT Apple Employee’s $17 Million Fraud Scheme Lands Him 3-Year Prison Sentence

Apple Employee’s $17 Million Fraud Scheme Lands Him 3-Year Prison Sentence

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Prasad’s sentence of three years in prison, followed by three years of supervised release, sends a clear message regarding defrauding
Apple, one of the world’s most valuable and innovative companies, has been defrauded out of over $17 million by one of its own employees. Dhirendra Prasad, a former buyer in Apple’s Global Service Supply Chain department, has been sentenced to three years in prison and ordered to repay his ill-gotten gains to the tech giant.Prasad Used His Knowledge of Apple’s Fraud Detection Practices to Evade Arrest
According to the US Attorney’s Office for the Northern District of California, Prasad conspired with two vendors to conduct fraud against Apple by “taking kickbacks, stealing parts, inflating invoices and causing Apple to pay for items and services it never received.

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