Federal Grand Jury Indicts Apple Employee
CUPERTINO, Calif. (AP)_ A federal grand jury has indicted a manager at Cupertino-based Apple Incorporated.
The indictment is tied to an alleged kickback scheme involving suppliers of iPhone and iPod accessories.
Authorities say 37-year-old Paul Shin Devine was arrested on Friday on charges of wire fraud, money laundering and kickbacks.
The Sunnyvale resident is accused of accepting more than one million dollars in exchange for providing confidential information to Apple suppliers in Asia.
The suppliers allegedly used the information to negotiate favorable contracts with Apple.
