Former Apple Exec Pleads Guilty To Wire Fraud, Conspiracy, And Money Laundering Charges

Remember Paul Shin Devine? He's the midlevel Apple global supply manager accused of accepting $US1 million in kickbacks in exchange for Apple secrets.

Still not ringing any bells? He was the one who was caught stuffing $US150,000 into shoeboxes and forced to allow authorities to search his safety deposit boxes during the investigation that followed.

Yeah, that guy.

He finally plead guilty to the whole kickback scheme. This means charges of wire fraud, conspiracy and money laundering, forfeiture of money and property worth approximately $US2.28 million, and a potential jail sentence of up to 20 years. [Cult of Mac]

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