A former Apple employee has admitted to bilking the company of more than $17 million throughout his seven-year tenure there.
Dhirendra Prasad – who was employed as a buyer – pleaded guilty to defrauding the tech giant through various schemes, reported CBS News. “Prasad admitted these schemes continued through 2018 and ultimately resulted in a loss to Apple of more than $17 million,” the statement said.
The fraud involved “taking kickbacks, inflating invoices, stealing parts, and causing Apple to pay for items and services never received,” prosecutors said in a statement, according to the report.