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Rotten Apple Paul Shin Devine Took $1M In Kickbacks


By Daya Baran at August 15, 2010 1 Comments    Share

Midlevel Apple manager, Paul Shin Devine, was arrested Friday for allegedly taking $1 million in kickbacks.

Paul Shin Devine was a rotten apple. The 37-year-old Apple manager was arrested Friday for allegedly accepting $1 million in kickbacks from Asian suppliers, reports the San Jose Mercury.

He is accused of providing top-secret information, which allowed the suppliers to get favorable contracts with Apple. Devine and his partner-in-crime, Andrew Ang of Singapore, were indicted on 23 counts including wire fraud and money laundering.

The companies involved in the scheme were not named in the federal indictment, but they were suppliers of both iPhone and iPod accessories and were based in China, Taiwan, Singapore and South Korea, the Mercury News reported.

According to the indictment, Devine opened several foreign bank accounts, including ones in his wife’s name to cover up the payments.

The investigation was done jointly by the FBI and the IRS.

Devine being held by the U.S. Marshals Service and is expected to be in court on Monday.

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  1. [...] This post was mentioned on Twitter by JobShoots and Social Media Insider, JobShoots. JobShoots said: Rotten Apple Paul Shin Devine Took $1M In Kickbacks http://bit.ly/d7rIcO #news #socialmedia [...]

    Pingback by Tweets that mention Rotten Apple Paul Shin Devine Took $1M In Kickbacks -- Topsy.com — August 15, 2010 @ 11:38 PM

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