Apple employee charged for selling secrets: WSJ

[demoleft]

Source: afp

AFP - An Apple employee has been charged with selling secrets to Asian suppliers of the tech giant in exchange for at least one million dollars in kickbacks, The Wall Street Journal reported Sunday.

Paul Shin Devine, an Apple global supply manager, was charged in a federal grand-jury indictment in the United States "with offenses that include wire fraud, money laundering and unlawful monetary transactions," starting in 2006, the Journal reported online.

"Devine came up with a scheme in which he supplied companies such as Cresyn Co. in South Korea, Kaedar Electronics Co. in China and Jin Li Mould Manufacturing Pte. Ltd. in Singapore with confidential information that would let them negotiate favorable contracts with Apple," the report said.

"The indictment and civil suit claim that in return, Mr. Devine demanded payments, which were sent to bank accounts in his wife's name in amounts that were small enough to avoid attention," it added.

Read more: http://www.france24.com/en/20100815-apple-employee-charged-selling-secrets-wsj

[davidwparker]

1. Good.

Yes, that last paragraph sounds like money laundering to me.

Rat.

[sofa king]

2. Other side of the coin:

http://www.aolnews.com/nation/article/eas-newest-medal-of-honor-game-lets-you-play-as-taliban/19588413

"Now EA's next "Medal of Honor" release is set to up the discomfort factor that comes with such an option. Set in modern-day Afghanistan, it will allow users to play as the Taliban."

[Fearless]

3. So? A lot of games let you play as Nazi's or Soviets. What difference does it make?

[grahamhgreen]

4. Is it relevant to the apple story?

[sofa king]

9. Yes. Macolytes require balance to feel centered...

...within the Reality Distortion Field. The OP's headline is effing up their chi, so I provided a PC-based outrage to allow them to return to their moral high ground.

[grahamhgreen]

5. Anther reason to keep manufacturing in America.

[quakerboy]

6. Given that its all made in china

What do they expect to happen?

[Lightning Count]

7. Apple is now bound to reconsider their use of Chinese slave labor.

Maybe not.

[Name removed]

8. Deleted message

Message removed by moderator. Click here to review the message board rules.

[joshcryer]

10. God forbid companies have information to allow them to "negotiate favorable contracts."