Former Foxconn manager allegedly stole $1.5m worth of iPhones
One former Foxconn manager has been indicted for his alleged involvement in an illegal operation to smuggle some 5,700 iPhones out of Foxconn's testing facility and onto the retail scene in Shenzhen, China.
Reportedly, during his tenure at Foxconn, the former manager identified by his family name Tsai, used eight employees to steal iPhone 5 and iPhone 5s units designed for testing out of Foxconn's Shenzhen-based factory in the course of 2013 and 2014. The stolen goods amount to around 5,700 units that are reportedly worth around $1.56 million.
Attention was drawn to the missing phones in an internal audit which prompted the Taiwanese company to contact authorities.
Tsai has apparently been charged with breach of trust and could end up serving a maximum 10-year sentence in jail.
Reader comments
- Zero
- K25
$1.56 Million??? Not worth it of stealing.? Are you sure? Hahahaha. How funny of you to say that a $1.56 Million is not worth it of stealing. I bet even if you work 10 Years consecutive, you won't even have that kind of money on your savings account...
- WTFDHJS
- jBv
If the phone cost about $100 to make then technically he stole 15,000 phones. There math down add up.
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