Apple manager charged in US with taking kickbacks

* He is also charged with wire fraud and money laundering

* Apple filed separate civil suit against him

CHICAGO, Aug 14 (BestGrowthStock) – A manager at technology company
Apple Inc (Read more about Apple stock future.) (AAPL.O: ) has been indicted by a federal grand jury in
California on charges including taking kickbacks, wire fraud
and money laundering, according to court documents.

Paul Shin Devine, a global supply manager at Apple, is
accused of accepting more than $1 million in kickbacks from
half a dozen Asian suppliers of iPhone and iPod accessories,
the San Jose Mercury News reported. Devine appeared in court on
Friday, according to court documents.

Cupertino, California-based Apple also filed a civil suit
against Devine and claimed he received more than $1 million in
payments, kickbacks and bribes over several years, the
newspaper reported.

Devine was charged in the indictment with 23 counts of wire
fraud, money laundering, conspiracy and kickbacks by a federal
grand jury on Wednesday, court documents showed. He is
scheduled to return to court on Monday to have a lawyer
appointed for him, according to the documents.

“Apple is committed to the highest ethical standards in the
way we do business,” Apple spokesman Steve Dowling said in a
statement, according to the newspaper. “We have zero tolerance
for dishonest behavior inside or outside the company.”

Devine allegedly used his position at Apple to obtain
confidential information that he shared with Apple suppliers to
help them negotiate favorable contracts with Apple, the Mercury
News reported.

In return, the suppliers paid Devine kickbacks, which he
allegedly shared with Andrew Ang of Singapore, the newspaper
reported. Ang was charged with three counts of wire fraud and
conspiracy, according to the court documents.

The investigation was conducted jointly by the FBI and
Internal Revenue Service.

Apple and federal officials were not immediately available
to comment on Saturday.

(Reporting by Lisa Shumaker; additional reporting by Jeremy
Pelofsky in Washington; Editing by Will Dunham)

Apple manager charged in US with taking kickbacks