Devine Wins Apple Fraud Bail Hearing

| News

Paul Shin Devine, the mid-level manager at Apple charged with selling trade secrets to Asian parts suppliers, managed to convince a Judge on Wednesday to change his bail terms. He isn’t out on the street yet since his release is on hold until a US$440,00 lien against his mother’s house is posted with the court, according to Reuters.

Along with his mother’s house, Mr. Devine also had to sign over the equity in his own home, $612,407 from foreign bank accounts, and $50,000 of his brother’s money. $313,000 from a Korean bank account is also earmarked for the court, although it’s unclear how long it will take to get the funds out of the country and into the U.S.

Raphael Goldman, Mr. Devine’s lawyer, said “It appears that it will be very time-consuming, and difficult — if not impossible — to transfer these funds from Korea into the United States.”

Mr. Devine was charged with several counts of fraud for selling information to parts suppliers so they could negotiate better deals with Apple. He was accused of selling the information to companies in China, South Korea, Taiwan and Singapore.

The Judge ordered Mr. Devine to continue cooperating with authorities in the case and to help identify any foreign bank accounts he may still have. “If you feel he is not doing that, then you come back and we will talk about it,” the Judge told Assistant U.S. Attorney Michelle Kane.

Comments

Bosco (Brad Hutchings)

Well he is headed off to Mexico,
Guatemala, then Tobago.
His Chinese friends made the travel plans
Information paying them dividends.
It cost a fortune to post your bail,
And your lawyer’s gonna end up in jail.

Oooooh oooh ohh Paul-aul Shin Devine
Get your ass on that Green Line
A fake passport for the aeroport
Text goodbye to all your cohorts
New home for mommy, yeah.

Nemo

And is it a good thing that a chap who was caught red-handed escape justice?  I don’t think so, and it is to be hoped that the U.S. Marshall Service and/or other law enforcement officers will be able to apprehend Mr. Devine, if he does attempt to flee the jurisdiction or otherwise violate the court’s bail order.

he is innocent!!!!

If you guys knew him you would not be saying this!!!!!

I know him

I know him, and he’s not innocent.

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