Last week’s big news item was the arrest of Apple manager Paul Devine’s arrest for taking over $1 million in kickbacks for insider information.
It certainly looked bad for Devine, formerly of Apple’s iPod and accessories procurement operations department, who was busted by the Feds in what appears to be a seemingly iron-clad case for selling company secrets to various suppliers in Asia through various shell accounts. Apple certainly thought so: they’ve sued Devine in civil court.
Nevertheless, Devine pleaded not guilty to the charges.
Now prosecutors are saying, “O RLY.” They’re skeptical, and it seems like they have every right to be: they have just discovered $150,000 placed in shoeboxes under Devine’s bed.
Does that prove anything? No. Maybe Devine just doesn’t believe in banks. But that’s certainly a lot of fast, easy travel cash lying around. My guess is Devine was ready for a speedy departure if Apple or the Feds caught wind of him. Too bad he didn’t catch wind of them before they busted down his door..