The director of Apple was arrested for accepting a $ 1 million bribe

One of Apple's middle managers was arrested. He was accused of accepting money for trade secrets.

One of Apple’s middle executives was arrested on Friday on charges of accepting more than $ 1 million in commissions from half a dozen Asian iPod and iPhone accessory suppliers for handing over various trade secrets. In addition to the formal indictment, Apple has also filed a civil lawsuit against its director. By obtaining confidential information, Asian suppliers were able to do much more advantageous deals with the American company.

An investigation by the FBI and IRS found that 37-year-old Paul Shin Devine, Apple’s director of supply, had accepted larger sums of money from a supplier company based in various Asian countries in exchange for confidential information. The 6 companies were not named, all they know is that they are based in China, South Korea, Taiwan and Singapore.

An Apple spokesman said Apple is committed to the highest ethical standards in business and in all such cases, Zero Tolerance is applied inside and outside the company.

The indictment describes exactly how Devine used her position to obtain confidential information from Apple and how she passed it on to suppliers, and how she received the money in return. They uncovered the complex system that Devine had created between U.S. and Asian bank accounts. It turned out that he opened bank accounts in Asian countries - even in the name of his wife - for which the companies could pay the commission, but there was also a case where he took the money in person during his travels.

Source: mercurynews.com