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Ex-Apple employee gets prison time, owes $19 million for elaborate fraud scheme


csrcsr

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Odiyamma Idhi Edho mana Indians lo govt schools, hospitals lo icham anna scheme ni use chesinatlu unnadu 

In 2011, Prasad started to defraud his employer, he said in his plea agreement. He used his role to make Apple pay for items and services the company would never receive, and defrauded the company by inflating invoices, stealing parts and taking kickbacks. The schemes continued through 2018, and cost Apple more than $17 million.

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41 minutes ago, praying said:

long game bagane addadu mari last lo ala ela doriki poyadu papam....

Private companies lo auditing of finance books and inventory micro levels lo soostaru right from gundu pin. 1 yr kaakapoina few years pakka dorkutaaru.

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11 minutes ago, Deadp0ol2 said:

Private companies lo auditing of finance books and inventory micro levels lo soostaru right from gundu pin. 1 yr kaakapoina few years pakka dorkutaaru.

Kind of disagree uncle, inventory check is a huge over head for companies like apple or any other big manufacturer as they have multiple sites operated under contracts, Apple doesn’t have full control on those warehouses. If what you said is true he wouldn’t have been able to do it for 10 long years

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Fraud chesthe eppudo okappudu dorukutaaru… he might get lucky for few times and think that he is a genius.. but everyone runs out of luck after few times.. it makes them complacent too.. and few more ppl will start doing after they see that someone is successfully doing it.. 

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1 hour ago, praying said:

Kind of disagree uncle, inventory check is a huge over head for companies like apple or any other big manufacturer as they have multiple sites operated under contracts, Apple doesn’t have full control on those warehouses. If what you said is true he wouldn’t have been able to do it for 10 long years

Every company has checks and balances.. sometimes these guys may get lucky.. but luck forever undadu kadaa 

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1 hour ago, praying said:

Kind of disagree uncle, inventory check is a huge over head for companies like apple or any other big manufacturer as they have multiple sites operated under contracts, Apple doesn’t have full control on those warehouses. If what you said is true he wouldn’t have been able to do it for 10 long years

Em maatladtunav uncle inventory accounting undada? Auditors ki em soopistadu? Entha ochedi entha poyedi gaaliki odilestada? Aa accounting lekapothe that itself is a huge fraud every contract every penny every material inventory is accountable aadu entha peddodanna kaani telvakapothe maatladak uncle.

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Maa x copmany lo kooda pattukunnaru okkadni not revelaed the details but addressed as ABC person,

site headlines lo post chesaru ,,


this guy used to buy the thing like electronics  from the company site but used to resell for the kickbacks , though he was buying stuff within in the limit as per thr companys credit card , evetually was an audit and minor billings got accumulated and was monitored , company fined him and made him let go

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34 minutes ago, Deadp0ol2 said:

Em maatladtunav uncle inventory accounting undada? Auditors ki em soopistadu? Entha ochedi entha poyedi gaaliki odilestada? Aa accounting lekapothe that itself is a huge fraud every contract every penny every material inventory is accountable aadu entha peddodanna kaani telvakapothe maatladak uncle.

Uncle working in manufacturing for 15 years uncle, its not black and white as you said, lot of gaps where things slip away. Audit ki choopethedi checks and balances ke kani not each and every component is accounted for

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1 hour ago, Thokkalee said:

Every company has checks and balances.. sometimes these guys may get lucky.. but luck forever undadu kadaa 

I feel like someone ratted him out 

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4 hours ago, Android_Halwa said:

Kaka, mana chikoti Praveen anna addanga dorikipoindu casino scheme la…batch ni esukuni pattaya poindu anta, Thai Police ollu dorkapatti lopala kusapettinaru

Ayyo avuna I am fan of him anna

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