Feeds

Alleged bad Appler stashed $150,000 in shoeboxes

Safe deposit boxes still a mystery

  • alert
  • submit to reddit

Remote control for virtualized desktops

The Apple manager accused of accepting kickbacks in exchange for company secrets had $150,000 stashed in shoeboxes when authorities searched his home, according to news reports.

Paul Devine, who faces federal charges and a private lawsuit alleging he was paid $1m to provide confidential data to suppliers of iPhone and iPod accessories, also had $20,000 in foreign currency in his possession. During a court hearing Monday, prosecutors also cited two safe deposit boxes, which they said may contain still more booty.

“We know about some accounts and some statements but not statements for all the accounts we believe are out there,” Assistant US Attorney Michelle Kane told the US Magistrate Judge Howard Lloyd in a reference to bank statements seized during the search. “We’d ask that we be allowed to see what’s in those safe deposit boxes.”

The revelations came during a hearing over the terms of Devine's release. He was ultimately ordered to transfer the contents of his accounts and an additional $600,000 in bail. He and his wife must also surrender passports to the court. His mother agreed to post the deed to her Maryland house as bond, and a brother will be responsible for $50,000 of the $600,000 bail.

Devine has pleaded not guilty. A hearing is scheduled for next month.

More coverage from IDG News and Bloomberg News is here and here. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Webcam hacker pervs in MASS HOME INVASION
You thought you were all alone? Nope – change your password, says ICO
You really need to do some tech support for Aunty Agnes
Free anti-virus software, expires, stops updating and p0wns the world
Meet OneRNG: a fully-open entropy generator for a paranoid age
Kiwis to seek random investors for crowd-funded randomiser
USB coding anarchy: Consider all sticks licked
Thumb drive design ruled by almighty buck
Attack reveals 81 percent of Tor users but admins call for calm
Cisco Netflow a handy tool for cheapskate attackers
Privacy bods offer GOV SPY VICTIMS a FREE SPYWARE SNIFFER
Looks for gov malware that evades most antivirus
Patch NOW! Microsoft slings emergency bug fix at Windows admins
Vulnerability promotes lusers to domain overlords ... oops
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.