Ex-Apple Exec Jailed For Selling Supply Chain Secrets

By Gerald Lynch on at

Paul Devine, Apple's former Global Supply Manager, has been sentenced to a year in prison and fined $4.5 million (£2.88 million) for conspiring to sell Apple product secrets.

Originally caught in 2010 (and pleading guilty in 2011) Devine has only just been sentenced for selling details of forthcoming Apple products to the Cupertino company's Asian manufacturing rivals. Devine will also submit to three years of supervised probation following his year long prison stint which kicks off next February. Devine has also had to forfeit assets worth more than $3 million.

Along with Singaporean accomplice Andrew Ang, Devine was charged with 23 counts, including money laundering and wire fraud. Those who received tips from Devine sent funds through multiple bank accounts, and used the information gained to strong arm Apple during manufacturing negotiations. [Apple Insider]