Posted: Aug 15, 2010 2:39 PM by Chris Welty
Updated: Aug 15, 2010 2:40 PM
CUPERTINO, Calif. (AP) - A manager at Apple Inc. has been
indicted by a federal grand jury in 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 $1
million in exchange for providing confidential information to Apple
suppliers in Asia. The suppliers allegedly used the information to
negotiate favorable contracts with Apple.
Authorities say one of those suppliers is Singapore resident
Andrew Ang. Ang also is named in the federal indictment.
Authorities have declined to comment on Ang's whereabouts.
Devine is being held by the U.S. Marshals Service, though
authorities did not make clear where.