Technology Article Abstract http://www.informationweek.com/ Publication Title: Information Week Date of Publication: August 16, 2010 Article Title: Apple Worker Arrested on Kickback Charges Article Author: Paul McDougall Article URL: http://www.informationweek.com/news/security/attacks/showArticle.jhtml?articleID=226 700272&subSection=News Article Summary: [Paraphrase 2 to 3 paragraphs] A formal Apple Worker, Paul Shin Devine, allegedly leaked company secrets to their Asian companies in exchange for more than $1 million. Devine, along with Andrew Ang, his alleged accomplice, are being charged for more than 23 accounts of money laundering, and kickback charges. The Asian companies have not been identified by name, but are being searched for in China, Taiwan, South Korea, and Singapore –the bulk of Apple’s electronic manufacturing. Devine and Ang have, supposedly, established a series of front companies, and off shore accounts to cover up income that was received from the scheme. Devine’s trial is set for Monday afternoon, in the U.S. Northern District Court in San Jose to face his charges. Specific Details of Primary Importance: This scheme has been going on for more than a couple of years, and each year both men were paid over a million dollars Technical Terminology: {List of Technical Terms and the Definitions] Kickback: an illegal, secret payment made in return for a referral which resulted in a transaction or contract. Money Laundering: the Legitimizing of illegally obtained money to hide its true nature or source. This process is made possible by passing it through legitimate business channels by means of bank deposits, investments or transfers from one place/person to another. Related Articles:
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