Paul Shin Devine: Apple Employee Accused Of Selling Company’s Secrets
Jerry Reth | Aug 16, 2010 | Comments 0
Paul Shin Devine: Apple Employee Accused Of Selling Company’s Secrets – An Apple employee has been charged with selling secrets to Asian suppliers of the tech giant in exchange for one million dollars in kickbacks, according to a story that the Wall Street Journal released today.
Paul Shin Devine, who worked as an Apple global supply manager, was charged in a federal grand jury indictment in the US for committing wire fraud, money laundering and unlawful monetary transactions. His involvement in the matter reportedly started in 2006, according to the story.
“Devine came up with a scheme in which he supplied companies such as Cresyn Co. in South Korea, Kaedar Electronics Co. in China and Jin Li Mould Manufacturing Pte. Ltd. in Singapore with confidential information that would let them negotiate favorable contracts with Apple,” the report said.
The actions were completely unlawful. The report also said that in order for the information he demanded payments that were sent to bank accounts in his wife’s name in amounts that were small enough to avoid any attention.

He also shared the money with a number of other employees, including Mr. Ang, who helped him broker deals with the distribution centers. It is an interesting turn of events that shows just how dirty the business in the tech industry can be when examined closely.
Filed Under: Apple
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