Taiwan Accuses Apple Supplier in China Of Stealing Trade Secrets By ‘Luring’ Competitor’s Employees
Taiwanese prosecutors on Friday charged 14 people from a Chinese Apple Inc supplier for stealing commercial secrets from Catcher Technology and poaching its employees to win orders from the U.S. tech giant.
The prosecutor said Luxshare “lured” Catcher’s China-based research and development team with promises of high salaries and stole trade secrets from the Taiwanese firm, leading it to significant losses.
Former Mississippi State Sorority Treasurer Pleads Guilty to Embezzlement
According to court documents, Cadle began to intentionally divert funds from the sorority’s bank accounts in 2012. She used handwritten checks to transfer large sums of money into her personal bank account and into the account of Belles and Beaus, a downtown Oxford children’s clothing store owned by Cadle and her daughter, Cathy Lowe. Prosecutors say the fraud continued until late 2019.
While the government accused her of embezzling almost $3 million, the charging document only details a half-dozen checks for a little more than $130,000 that were deposited in the business account. The checks, dated January 2018 through August 2019, range in amounts from $15,000 to $27,989. They include sequentially numbered checks for $20,000 and $15,000 written one day apart and deposited in the Belle and Beaus LLC account.
Former New Pilgrim Federal Credit Union Manager Charged with Embezzlement
According to the information, between August 2016 and August 2021, while employed at New Pilgrim Federal Credit Union as a Manager, Topping embezzled approximately $268,000 from an on-site ATM and from a teller cash drawer at New Pilgrim Federal Credit Union. Topping used the unauthorized funds for personal expenses.
AG: Woman Embezzled More Than $400,000 from Lansing Auto Dealership Over 3 Years
Amanda Root was working in accounts receivable and accounts payable at Glenn Buege Buick GMC when she embezzled more than $400,000 from 2016 and 2019, the AG’s office said. She and her husband “primarily” used the money to gamble, and neither spouse claimed the additional income on their taxes, officials said.
Accountants Behaving Badly: Egg Accountant Finally Cracked, and Lots of Embezzlement
Jonathan Weston, the owner of Katie’s Kandy in Pittsburgh, admitted last month in federal court that he stole nearly $7 million from Greensburg, PA-based Hillandale Farms, a national egg distributor.
Weston, 58, of Canonsburg, PA, pleaded guilty on Aug. 23 to fraud conspiracy, money-laundering conspiracy, and tax fraud. and became a federal felon.
Weston, a former accountant at Hillandale Farms, engaged in the scheme with his late secretary and bookkeeper—known in court records only as VP—to steal $6.8 million from the company and then launder it through various businesses they controlled to buy fancy cars, real estate, dinners, trips, clothing, and the like.
Man Charged After Allegedly Embezzling Over $1 million
“As a court-appointed receiver, Romero was entrusted with control of millions of dollars belonging to Red Rock Insurance Company,” said Attorney General O’Connor. “Romero instead took advantage of that trust for his personal gain. This prosecution of Romero will send a message to all fiduciaries. All Oklahoma taxpayers ultimately pay, to some degree, for insurance company failures.”