Indian-origin ex Apple worker will get 3-year jail, fined ₹157 cr for defrauding iPhone maker
Dhirendra Prasad, an Indian-origin former Apple worker, was sentenced to 3 years in jail on Wednesday and ordered to pay about ₹157 crore in restitution by a US court docket for participating in fraud towards the tech firm.
The ex Apple worker was convicted for conspiring to defraud Apple, Inc., of tens of millions of {dollars} and for associated tax crimes, a press release from US Attorney’s Office, Northern District of California mentioned.
Prasad will serve three years in jail and should return all of his property and cash earned by dishonest Apple. In addition, he should reimburse the tax cash he did not pay. He can be even be carefully monitored for 3 years after his launch from jail.
Source web site: www.hindustantimes.com
