Just In
- 58 min ago Apple Confirms Special Event for May 7: iPad Air, iPad Pro 2024 Models Expected
- 9 hrs ago Xiaomi Robot Vacuum Cleaner S10, Handheld Garment Steamer, and Redmi Buds 5A Launched in India
- 10 hrs ago Lenovo Unveils IdeaPad Pro 5i Laptop With Intel Core Ultra 9 Processor – Check Price, Specs
- 10 hrs ago Lava ProWatch Zn, ProWatch Vn Smartwatches Launched in India: Check Price, Specs, Availability
Don't Miss
- Finance TCS Vs Infosys Vs Wipro Shares, ADRs, Upcoming Dividends: Which Mega IT Stocks To Buy After Q4 Results?
- Sports Who Won Yesterday's IPL Match 39? CSK vs LSG, IPL 2024 on April 23: Marcus Stoinis Fires 63-ball 124 To Quiet Chepauk
- News Senator Lambie Calls For Elon Musk's Imprisonment Over Wakeley Church Stabbing Posts
- Movies Mirzapur 3 OTT Release Date, Platform: When Will Mirzapur Season 3 Premiere On Amazon Prime Video?
- Education Telangana Inter Manabadi 1st and 2nd Year Results 2024 to be Declared Tomorrow
- Automobiles Chrysler Pacifica Marks Seven Years As Most Awarded Minivan With New Campaign
- Lifestyle Anant Ambani-Radhika Merchant's Wedding Function Details Are Out, Check out Ambani Bahu-To-Be's Chic Fashion!
- Travel Kurnool's Hidden Gems: A Guide To Exploring India's Lesser-Known Treasures
Meet 'Tsai', the Man Who Stole 5,700 Apple iPhones Worth Over Rs. 10.6 Crore
A former senior level Foxconn manager has been accused to have stolen 5,700 Apple iPhones worth over Rs. 10.6 crores.
According to Taiwanese prosecutors, a former senior level manager at Foxconn (a Taiwanese multinational electronics contract manufacturing company) had been identified to have stolen 5,700 Apple iPhones which helped him pocket around USD 1.5 Million (which roughly translates to Rs. 10.6 crores).
Identified by his family name 'Tsai', the former manager at Foxconn worked in the testing department and had taken help of 8 employees of Foxconn's Shenzhen (located in Southern China) factory to smuggle thousands of iPhone 5 and 5s, prosecutors said.
Also Read: Microsoft Surface Phones to Be Manufactured by the Same Company That Produces Apple iPhone
These stolen iPhones were not actually meant for retail purposes but were to be marked as scrapped on the manufacturing line. However, with the help of his partners, Tsai managed to smuggle them to offline stores in Shenzhen which, like mentioned earlier, have earned him around USD 1.5 Million. These handsets were told to be sold between 2013-2014.
Following an internal audit, the scheme was caught up by Foxconn and was consequently reported to Taiwanese authorities. As a result, Tsai was questioned about the same once he had returned to Taiwan and was released on bail later.
Also Read: Apple iPhone 8 Rumours Are Getting Really Interesting: Here's Everything We Know So Far
As reported by AsiaOne, Tsai was sentenced to 10-years of jail term for breach of trust.
This is not the first time Foxconn is in the news for scandals. Earlier, in 2014, 5 former Foxconn employees were charged with breach of trust for accepting a bribe from suppliers to clear security checks on equipment.
Click Here for New Android Smartphones Best Online Deals
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
14,999
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999