Apple manager Paul Devine pleaded not guilty today to charges that he took at least US$1 million in kickbacks from Asian suppliers, reports "Bloomberg BusinessWeek" (http://macosg.me/2/pt).
Devine, a global-supply manager, was accused of money laundering and wire fraud in a 23-count indictment unsealed Aug. 13 in federal court in San Jose, California. Michelle Kane, a federal prosecutor, objected to releasing Devine on bail, saying there is a risk he will try to flee, notes "Bloomberg."
There are no bond conditions that can assure his appearance for trial, Kane told U.S. Magistrate Judge Howard Lloyd, who set a bail hearing for Aug. 18. Kane and Devine’s lawyer, Raphael M. Goldman, declined to comment after court on Monday.| Read more »