Former Global Operations manager Paul Devine sentenced to one year in prison for selling Apple secrets
Former Apple Global Operations manager Paul Devine was sentenced last week to one year in prison following his guilty plea on charges of money laundering, conspiracy and wire fraud. He also must repay $4.5 million for crimes against his employer Apple.
In 2010, Devine was arrested and subsequently pleaded guilty to fraud, conspiracy and money laundering in a scheme that benefited Apple's Asian suppliers and manufacturers. From 2007 until 2010, Devine and partner Andrew Ang received lucrative kickbacks in exchange for confidential internal Apple information such as product specifications and pricing. This information allowed the suppliers to negotiate more favorable contracts with Apple.
Devine will begin serving his sentence in February of 2015. An indictment against Ang in the US is still pending while Chua Kim Guan faces charges in his home country of Singapore.
