Former Apple employee charged with defrauding $10 million

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Former Apple employee charged with defrauding $10 million
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A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money.

SAN JOSE, Calif. -- , federal prosecutors said.

A court has allowed the federal government to seize five real estate properties and financial accounts worth about $5 million from Prasad, and the government is seeking to keep those assets as proceeds of crime, the U.S. Attorney's office in San Jose said in a news release.

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