Ex-Apple employee owes $19 million for elaborate fraud scheme

A former Apple employee will go to prison for a scheme that defrauded the Bay Area-based tech giant of more than $17 million, and he has been ordered to pay for what he stole. Dhirendra Prasad received the three-year prison sentence Wednesday in federal court after pleading guilty to charges of conspiracy to commit mail and wire fraud, as well as a charge of conspiracy to defraud the United States. The San Jose judge also ordered Prasad to forfeit millions of dollars’ worth of assets and pay restitution: $17,398,104 to Apple and $1,872,579 to the Internal Revenue Service.

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