Former Apple employees charged in alleged scheme to steal charity matching funds
Briefly

from Los Angeles Times3 months ago
The group of six former Apple employees allegedly embezzled over $152,000 through a fraudulent charity scheme, exploiting Apple's gift-matching program for personal gain.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-12-03/former-apple-employees-charged-for-stealing-152-000-in-charity-matching-donation-scheme-da-says
They were charged with multiple felonies, including grand theft, conspiracy, and tax fraud, after fabricating donations to secure matching funds from Apple.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-12-03/former-apple-employees-charged-for-stealing-152-000-in-charity-matching-donation-scheme-da-says
Kwan, as chief executive of Hops4Kids and accountant for ACICE, orchestrated the scheme by reimbursing cohorts for fake donations while pocketing the matching funds.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-12-03/former-apple-employees-charged-for-stealing-152-000-in-charity-matching-donation-scheme-da-says
Due to the substantial theft amount, the accused could face significant prison time under white-collar crime enhancement regulations, alongside financial penalties.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-12-03/former-apple-employees-charged-for-stealing-152-000-in-charity-matching-donation-scheme-da-says
Read at Los Angeles Times
#apple #fraud #embezzlement #white-collar-crime #employee-misconduct
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