Featured Articles

Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
TSMC 16nm FinFET Plus in risk production

TSMC 16nm FinFET Plus in risk production

TSMC’s next generation 16nm process has reached an important milestone – 16nm FinFET Plus (16FF+) is now in risk production.

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

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