Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 3, 2016 12:00 am

Foxconn Employee Faces 10-Year Prison Sentence For Stealing 5,700 iPhones Worth $1.5 Million

A Taiwanese Foxconn manager faces a stiff prison sentence after he stole 5,700 iPhones from his employer, and went to sell them for $1.56 million. The Next Web reports: Foxconn is a tech manufacturing giant. It makes a lot of things, including laptops for HP, phones for Apple, games consoles for Sony, and its workers so depressed it has to install suicide nets. The Taiwanese manager at the center of this crime -- known only by his family name, Tsai -- worked in the testing department at Foxconn's factory in Shenzhen, mainland China. According to Taiwanese prosecutors, Tsai ordered eight of his subordinates to smuggle out thousands of iPhones which were used by the company for testing and quality assurance purposes. These were destined to be scrapped after use. The stolen iPhones (mostly iPhone 5 and iPhone 5s models) made their way to stores in Shenzhen, and went on to make Tsai and his accomplices nearly $1.56 million USD (Tw$50 million). Tsai has since been charged with breach of trust and, if found guilty, he faces a maximum 10-year jail term.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/9HTf2QMXaV0/foxconn-employee-faces-10-year-prison-sentence-for-stealing-5700-iphones-worth-15-million

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot