Submitted by Sorin61 t3_yk0opu in technology
Comments
NettaUsteaDE t1_iuqrz3p wrote
Unless they spent it all
michaelrulaz t1_iuqv3ww wrote
When the feds bring charges, they almost always get a conviction. They have an impressively high conviction rate. I’m assuming since he pleaded guilty AND he had accomplices facing charges still that he cut a deal.
[deleted] t1_iuqvkzs wrote
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Justme100001 t1_iuqyfe8 wrote
Such a strange word "defrauding". Almost like he got rid of a problem Apple was dealing with all the time, costing them hundreds of millions, for only $17 million and 99 cents...
InfamousBrad t1_iur61p1 wrote
> For one scheme, prosecutors said Prasad arranged to have Apple components shipped to an outside vendor's warehouse, where they were repackaged and eventually sold back to Apple.
Are you kidding me? That scam was in my textbook on computer-related crime in 1979, after somebody pulled it on AT&T. It's the kind of thing that even rudimentary accounting controls should catch, these days.
Grand-Ad-3177 t1_iur6opc wrote
Amazon defrauded me
nicuramar t1_iur8t22 wrote
Isn't it more moral to admit, though, if you are guilty?
nortob t1_iur97e4 wrote
Which… perhaps they did, belatedly. No one here asking how the mofo got caught.
TheThingsWeMake t1_iuraa06 wrote
yeah it reads like de-frauding. Same beef with flammable and inflammable.
SpaceTabs t1_iurgw7i wrote
It's like payment card fraud. There's more fraud than ever, chip cards did nothing, and the credit card companies just pass on the losses to the consumer. So did Apple, given the amount of profits.
yoshek3333 t1_iurhmju wrote
Prasad a scammer? Jim Browning is letting some of these scum slip through lol
bkconn t1_iurmaqy wrote
Not the same type of scam, dude.
[deleted] t1_iurmz5a wrote
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citizenjones t1_iurob3y wrote
Lots of bad behavior can go on for long time....but when it finally gets to accounting things can change exponentially faster.
bkconn t1_iurodff wrote
Does it? I don't even understand what you're saying unless you're just being racist... ?
100catactivs t1_iurtt8g wrote
That’s how much he cost apple, not how much he made in the scam.
Love_To_Burn_Fiji t1_iuru6ks wrote
"$17 million? But I stole $45 mil........uhh I meant yeah that's correct. $17 Million."
Cyathem t1_iuruiwh wrote
20 years of crime laid out to seem obvious when you have it all in a spreadsheet and start filtering out noise.
yoshek3333 t1_ius1cg2 wrote
Statistical inference is racist?
UnpackNews t1_iusal32 wrote
He stole 5% of the taxes they should be paying
The_professor053 t1_iusl9wq wrote
How does the scam work exactly? I can't work it out from this...
InfamousBrad t1_iussq4h wrote
You get a job managing inventory. As stuff comes in, you steal it, and ship it to a warehouse you rented. Once it gets there, you sell it back to the company at a bargain rate, cheaper than any of their other providers.
BeanGuardianWNY t1_iuqqv56 wrote
no, STFU, you can get a lawyer for $17 mil