Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 25 August 2010 08:40

Apple bloke had a lot of cash sitting in his house

Written by Nick Farell


Needs to explain $150,000
The Apple manager who is charged with taking bribes from Eastern manufacturers has to explain why he had $150,000 in cash stored in shoe boxes in his house.

Paul Shin Devine, an Apple global supply manager, was arrested last week for allegedly taking kickbacks from several suppliers to Apple. He has pleaded not guilty to 23 counts of wire fraud, money laundering, conspiracy, and accepting kickbacks last week.

Prosecutors said that he used his role at Apple to acquire confidential information, which he then sold to several suppliers to help them negotiate better contracts with Jobs' mob. We are not sure what his defence will be but he has to explain why
coppers found $150,000 in US banknotes in shoe boxes and $20,000 in other currencies.

There is no telling if any more cash might turn up in two personal safe-deposit boxes which prosecutors want to look at or what Department of Justice Attorney Michelle Kane called "a significant number of accounts overseas." Apple has also filed a civil suit against Devine, charging him with accepting more than $1 million in bribes from suppliers over the past few years.

We are sure Devine has a good reason for all that cash lying around.  Maybe he just sold off a few of his iPads, or iMacs, they are worth a fortune.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments