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August 15, 2019


August 15, 2019


August 15, 2019


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Former Apple manager was sentenced to a prison term for selling insider information

 

Former Apple manager

Former Apple manager

California court sentenced a former Apple manager Paul Devine was sentenced to a prison term for selling insider information.
California court sentenced a former Apple manager Paul Devine was sentenced to a prison term for selling insider information. Photo from 9to5mac.com

California court has sentenced the former head of Apple, engaged in global supply, Paul Devine (Paul Devine) to a year and one day of imprisonment and a fine of $ 4.4 million for the transfer of financial information to third parties Apple.
According to investigators, a top manager earned by selling information of more than 2.5 million dollars. During a search of the house of an employee of the American corporation 125 thousand dollars was found in a shoe box.
Note that his post at Apple Devine served from 2005 to 2010, when he was arrested and charged. Devine illegal activity started in 2007, began to take bribes from Singapore parts suppliers. In total, he was charged with 23 charges, all of which he was convicted.
Devine admitted that go on the offense he was forced to constantly pursuing its financial difficulties and the fear of being in poor due to problems with finances, who experienced his parents.
It is not reported, why sentencing took three years. In addition, many were surprised softness judge’s decision – it was expected that the total term of imprisonment Devine could exceed 20 years.

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