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Former Apple manager was hiding $150,000 in shoe boxes

Written by Andre Yoskowitz (Google+) @ 24 Aug 2010 18:53 User comments (11)

Former Apple manager was hiding $150,000 in shoe boxes Earlier in the month, former Apple employee Paul Devine was arrested and charged with selling secrets to Asian suppliers in exchange for over $2 million in kickbacks.
Devine, one of Apple's global supply managers, was charged "with offenses that include wire fraud, money laundering and unlawful monetary transactions," which began in 2006.

Today, federal prosecutors have alleged that Devine stashed over $150,000 in cash in shoe boxes in his home, which were then discovered by federal agents during a raid.

Devine is also said to have been hiding $20,000 in different foreign currencies.

To be released from prison on bail, Judge Howard Lloyd says Devine must transfer all cash he has in foreign bank accounts and post that along with $600,000.

It is unclear how much money will be transferred over, but prosecutors say it is "very significant."

Devine has pleaded not guilty to the charges.

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11 user comments

124.8.2010 22:19

LOL, kick back's eh. And we all thought we could trust apple haha

224.8.2010 22:33

"To be released from prison on bail, Judge Howard Lloyd says Devine must transfer all cash he has in foreign bank accounts and post that along with $600,000."

LoL...We took all your cash, now give us all your money...great, we have all your money...now give us $600,000!...Sure sounds like the government to me!

325.8.2010 1:35

That money could have bought some R&D, or a million or so bumpers to fix the antenna issue.

425.8.2010 4:01

So then, is this the guy who keeps taking kickbacks from AT&T...or are those kickbacks going strait to steve?

525.8.2010 10:43

Spike Lee was right...

"It's the SHOES!"

625.8.2010 15:25

Originally posted by KillerBug:
So then, is this the guy who keeps taking kickbacks from AT&T...or are those kickbacks going strait to steve?
Yeah you can bet Stevo has plenty of shoes himself...

725.8.2010 17:21

What secrets, that there next product is going to be the same overpriced dissapointment as the last one?

826.8.2010 8:56

I thought APPLE had a squeaky clean image wow was i wrong :) An apple a day keeps the tax man away lol maybe :P

931.8.2010 16:17

"To be released from prison on bail, Judge Howard Lloyd says Devine must transfer all cash he has in foreign bank accounts and post that along with $600,000."

Post?... yeah, yeah, the cheque's in the mail!

I'll sent to you from Jamaica.

LOL

101.9.2010 5:11

He gets money for kickbacks so he hides it in shoe boxes. Got to be a story in that .. :-)

111.9.2010 10:35

Originally posted by KillerBug:
"To be released from prison on bail, Judge Howard Lloyd says Devine must transfer all cash he has in foreign bank accounts and post that along with $600,000."

LoL...We took all your cash, now give us all your money...great, we have all your money...now give us $600,000!...Sure sounds like the government to me!
"This is what the Obama Administration refers to as "the recovery of the government act". ;)

The guy's still a thief selling to the Chinese.

Like my old bumper sticker says;
Walmart, helping American's lose their jobs one company at a time!

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