Accused Apple Exec Stored $150,000 in Shoeboxes

[OhioChick]

Source: PCMAG.COM

08.24.2010

The story of the Apple executive accused of accepting $1 million in kickbacks took a turn for the odd Tuesday, when prosecutors announced that federal agents searching his home found more than $150,000 stashed in shoeboxes.

According to Department of Justice attorney Michelle Kane, former Apple supply manager Paul Devine also had more than $20,000 in foreign currencies.

The DOJ is also certainly not ruling out other cash holdings. "We have identified a significant number of accounts overseas and a significant amount of money," Kane told Reuters.

Devine, who had been with the company since 2005, was indicted in California earlier this month, charged with 32 counts of wire fraud, money laundering, and more.


Read more: http://www.pcmag.com/article2/0,2817,2368254,00.asp

[pattmarty]

1. And, he'll go to jail rightfully so. But, what about ALL the Wall St boys?

[The_Casual_Observer]

2. Quite a turn of the worm, somebody stealing FROM apple!

[ChromeFoundry]

3. LOL n/t

[LawnKorn]

4. Imelda Marcos has got nothing on this guy

[NBachers]

5. Searching for a clever shoe / foot-fetish tie-in

Why can't I come up with a clever shoe / foot-fetish tie-in??????