Former Employee of Indian Descent Admits Scamming Apple of $17 million

Apple: The California Department of Justice said that Dhirendra Prasad, a former employee of Apple, had admitted guilt to fraud that cost the business more than $17 million.

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How it happened?

The 52-year-old, who was employed by Apple from 2008 to 2018, entered a guilty plea on Tuesday in federal court. He was in charge of procuring supplies and services from multiple suppliers for Apple.
According to Prasad, he started defrauding Apple in 2011 by accepting kickbacks, falsifying invoices, stealing components, and billing the firm for services it never obtained. Prasad testified to the prosecution that the scams persisted into 2018 and cost the business more than $17 million.

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Prasad and co-conspirators

In the plea deal, Prasad also acknowledged that two other Central District of California residents, Don M. Baker and Robert Gary Hansen, were co-conspirators. Hansen and Baker owned vendor businesses that transacted business with Apple, according to Prasad's testimony to the court.

The two co-conspirators, who were accused separately in federal trials, have likewise acknowledged their participation in the scams.
Prasad will be released from detention until a sentencing hearing on March 14, 2023.

The Internal Revenue Service's Criminal Investigation prosecuted the case with the help of the Special Enforcement Program.

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