Feeds

Alleged bad Appler stashed $150,000 in shoeboxes

Safe deposit boxes still a mystery

  • alert
  • submit to reddit

The essential guide to IT transformation

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. ®

Next gen security for virtualised datacentres

More from The Register

next story
Ice cream headache as black hat hacks sack Dairy Queen
I scream, you scream, we all scream 'DATA BREACH'!
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
New Snowden leak: How NSA shared 850-billion-plus metadata records
'Federated search' spaffed info all over Five Eyes chums
Three quarters of South Korea popped in online gaming raids
Records used to plunder game items, sold off to low lifes
Oz fed police in PDF redaction SNAFU
Give us your metadata, we'll publish your data
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?