Apple Employee Allegedly Hid Kickback Cash in Offshore Banks
Posted 08/24/2010 at 10:29am
| by Seamus Bellamy

Remember Paul Shin Devine, the mid-level Apple global supply chain manager accused of accepting $1 million in kickbacks? Yeah, there's a new twist to his increasingly ugly tale.
The San Jose Mercury News is reporting that Devine, who snagged the high-priced payola after awarding a number of iPhone and iPod accessory contracts to his favored (see also: those willing to pay for the privilege) vendors, has turned out to have multiple bank accounts in a number of foriegn countries registered under his and his wife's names.
The case against Devine names Singapore resident Andrew Ang as co-conspirator, and levels 23 Federal indicments against them for acts including kickbacks, wire fraud and money laundering. As if that weren't already enough, adding to Devine's trouble is the fact that Apple is also turning the company's legal guns to bear on their fallen employee, having filed a civil suit of their own against the money-hungry fellow. It's interesting that the usually swift and stringent law enforcment types over in Singapore have been unusually mum during the the short course of all this drama. Have no doubt, though, that they'll soon have something to say about the charges as well.
We'll of course be following this one with eyes of the hawk and ears of the wolf... What, no one out there remembers Brave Star? Really?