Several employees have been fired by Apple for misusing a grants clause to gain higher salary from the company. Of these, many are said to be Indians
India Today Tech
India Today Tech
New Delhi,UPDATED: Jan 8, 2025 14:48 IST
In Short
Apple reportedly fires around 50 employees for monetary fraud
Six charged, none of them Indians, warrants issued
Many fired employees reportedly linked to Telugu groups
Frauds can often be very ingenious. And this one over at Apple sounds particularly clever and insidious. Apple has reportedly fired around 50 employees at its headquarters in Cupertino after finding that these employees indulged in monetary fraud to boost their compensation. Of the fired employees, six have been named by authorities in the Bay Area and warrants have been issued against them. While none of these
six are Indian, another report highlights that among the fired employees many are Indians who were reportedly misusing some Telugu charity organisations in the US to carry out fraud.
Update: The earlier version of this story said 185 employees were fired. Trusted sources tell us that the number is around 50 and not 185. The copy and the headline have been updated to reflect that.
NBC, citing the district attorney's office in Los Angeles, notes that Apple has terminated several employees from its Bay Area offices over the misuse of its Matching Grants program. Apple has not issued an official statement on the matter and we were also unable to independently verify the information.
The reported scheme revolves around Apple's Matching Grants program, a corporate social responsibility initiative designed to amplify employees' charitable contributions by matching their donations to nonprofit organisations. The allegations suggest that some employees, in collaboration with specific nonprofit organisations — including associations reportedly linked to the Indian community — falsified donations to exploit the program.
According to these claims, employees donated funds to nonprofits, which were then matched by Apple. However, the nonprofits allegedly funnelled the original donations back to the employees, allowing them to retain Apple's matching contributions. If accurate, this would not only breach corporate policies but also violate US tax laws, as the employees' false claims could amount to tax fraud.
According to the Santa Clara County district attorney's office, six individuals defrauded Apple of approximately $152,000 over three years by falsely claiming to donate to two nonprofits — the American Chinese International Cultural Exchange (ACICE) and Hop4Kids.
The individuals charged include:
-Siu Kei (Alex) Kwan, 37, of Castro Valley
-Yathei (Hayson) Yuen, 34, of San Jose
-Yat C (Sunny) Ng, 35, of Milpitas
-Wentao (Victor) Li, 38, of Hayward
-Lichao Ni, 39, of Sunnyvale
-Zheng Chang, 31, of Union City
According to the DA's Office, Kwan, identified as the ringleader, served as both the CEO of Hop4Kids and the accountant for ACICE. The scheme reportedly involved employees pretending to make donations, which were later returned to them. Kwan retained Apple's matching contributions and also wrote off these fictitious donations on the defendants' tax returns, defrauding the state of California in the process.
A separate report by Great Andhra notes that over hundred Apple employees have been fired, even though current authorities have released details of only 6 whom they have charged with certain crimes. This report notes that there are many Indians amongst the fired employees. These Indians, claims the report, misused Apple's Matching Grants program, a corporate social responsibility initiative designed to amplify employees' charitable contributions by matching their donations to nonprofit organisations. The allegations suggest that some employees, in collaboration with specific non-profit organisations –– including associations reportedly linked to the Telugu employees –– falsified donations to exploit the program.
Published By:
Nandini Yadav
Published On:
Jan 7, 2025
How many points for posting this news?
Wahahaha I read this news yesterday night
No need to guess. It's always 硬度 :s13:
Need some advice ijjit cannot talk about this in edmw lololollool... :P
Reported by ceca say Indian fired for fraud but proceeded to name some tiong names. I read liao jin blur how come Indian have Chinese name?
Quote from: No guessing game on Jan 09, 2025, 12:06 PMReported by ceca say Indian fired for fraud but proceeded to name some tiong names. I read liao jin blur how come Indian have Chinese name?
Means the six tiongs were fired by Apple and charged for committing tax fraud. The Indians were not charged.
if nose fraud then i worry
:frown:
Quote from: Banned User on Jan 09, 2025, 01:06 PMMeans the six tiongs were fired by Apple and charged for committing tax fraud. The Indians were not charged.
The cecas have immunity?? Dr BJ and the same ppl running edmw is running Apple?
CECAs, ATs are all good in scamming and Sg has loads of them here :s12:
Quote from: Arctic on Jan 09, 2025, 04:48 PMThe cecas have immunity?? Dr BJ and the same ppl running edmw is running Apple?
Americans are known to be more racist towards east asians than south asians.
can you post this in hwz?
Quote from: default on Jan 09, 2025, 07:16 PMcan you post this in hwz?
wan to tio points can post roh
:flash:
serve them right for trusting snakes