An operations manager at Apple was arrested on Friday for allegedly accepting more than US$1 million in kickbacks from Asian suppliers of iPod and iPhone accessories.Paul Shin Devine, a senior operations manager for iPod, was named in a 23-count federal grand jury indictment for wire fraud, money laundering and kickbacks, according to a report in the San Jose Mercury News. Also named in the indictment, which was unsealed Friday, was Andrew Ang of Singapore.Devine was scheduled to appear Monday afternoon at the U.S. Northern District Court in San Jose, Calif. Devine allegedly used his position at Apple to obtain confidential information and then convey it to Apple suppliers including Ang, enabling them to negotiate more lucrative contracts with Apple than they otherwise would have been able to, according to reports.Those suppliers then allegedly paid Devine kickbacks, which he shared with Ang.The suppliers involved included Kaedar Electronics of China, Cresyn of South Korea and Singapore’s Jin Li Mould Manufacturing, which was Ang’s former employer, according to a report in The Wall Street Journal.Cresyn has reportedly issued a statement indicating that it did sign a consulting agreement with an unnamed Apple employee, but purely for the acquisition of information on U.S. market… Read full this story
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