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Apple iPhone 13 available under Rs 55,000 on Flipkart, Amazon in India

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Ex-Apple employee admits defrauding company of $17M

A former Apple employee could face a sentence of more than 20 years in prison after he pleaded guilty to defrauding the company out of more than $17 million over seven years.

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Former Apple Employee Dhirendra Prasad has pleaded guilty in federal court of committing multiple fraudulent schemes against Apple

Back in mid-March, Patently Apple posted a report titled "A Former 10-year Global Supply Chain employee at Apple has been indicted on 5 charges including conspiracy to launder fraud proceeds." At that time, the office of U.S. Attorney Stephanie Hinds’ put out a press release stating that "52-year-old Dhirendra Prasad of Mountain House has been indicted on five charges, has been charged with conspiracy to commit wire and mail fraud, along with two counts of conspiracy to launder fraud proceeds. Yesterday, Prasad pleaded guilty .

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