Former Apple Global Supply Manager Paul Devine sentenced to a year in prison and $4.5M fine
A former Apple Global Supply Manager was sentenced in a San Jose federal court earlier this week nearly 3 years after being convicted of wire fraud, conspiracy and money laundering in relation to selling Apple iPhone and component secrets to Apple’s suppliers. AP notes that Paul Shin Devine was up to no good:
“The scheme funneled millions in kickbacks to Devine for passing along confidential information to Apple Inc. suppliers and manufacturers who used the secrets to negotiate more favorable deals.”