Legal Niches

Former Apple Global Supply Manager Pleads Not Guilty in Kickback Case

By james_fudge

Former Apple global supply manager Paul Shin Devine plead not guilty Monday in the U.S. District Court in San Jose, California. A bail hearing is scheduled for Wednesday. Devine was indicted by a federal grand jury last week on 23 counts of wire fraud, money laundering, conspiracy, and accepting kickbacks, according to court documents obtained by C|Net.

Devine also faces the wrath of Steve Jobs; Apple has filed a civil suit against him for allegedly accepting more than $1 million in bribes from suppliers over the past few years in return for inside information that was then used to give those companies a better position in bargaining lucrative contracts.

Six Asian companies were named in the indictment including Kaedar Electronics - a division of Asus owned Pegatron (Taiwan), Singapore-based JLJ Holdings's Jin Li Mold Manufacturing, Singapore-based Glocom/Lateral Solutions and Fastening Technologies, Taiwanese company Nishoku Technology and earphone and headset maker Cresyn. Read More

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Full post as published by GamePolitics.com on August 17, 2010 (boomark / email).