CUPERTINO, CA -- An alleged $1 million kickback scheme has snared a mid-level Apple executive and at least one offshore supplier.
A US federal grand jury last week indicted Paul Shin Devine, who was taken into custody Friday and charged with wire fraud, money laundering and kickbacks. Devine, who reportedly has spent five years with the company as operations manager, iPod, allegedly accepted more than $1 million in exchange for confidential information on Apple's procurement practices.
Reports indicated those involved with the bribes were certain Asia-based suppliers.
A company spokesman disavowed the actions and reports indicated the company is suing Devine. "We have zero tolerance for dishonest behavior inside or outside the company," Steve Dowling said in a statement.
Andrew Ang of Singapore has been named as a co-conspirator; he works for an Apple supplier that allegedly was involved in the kickbacks.