Apple has terminated several Indian-origin employees in the US for allegedly misusing the company's matching grants scheme. Under this program, Apple matches employees' donations to qualified charities. However, some employees reportedly created false donation records and arranged for the funds to be returned to themselves.
According to Mashable, Apple reportedly terminated 185 employees at its Cupertino headquarters for allegedly misusing the company's matching grants scheme.
The employees allegedly created false donation records and arranged for the funds to be returned to themselves, exploiting Apple's Matching Grants program.
While six individuals have been named by authorities, none of them are Indian. However, other reports indicate that many of the dismissed employees were of Indian origin.
The investigation involves charities connected to the Indian community, including the Telugu Association of North America (TANA).
The fraud scheme allegedly defrauded Apple of approximately $152,000 over three years.
The Santa Clara County district attorney’s office has charged six former employees, and warrants have been issued for their arrest.
Apple has not yet provided an official statement regarding the incident. The FBI, IRS, and DOJ are investigating the potential misuse of matching grants. The Telugu Association of North America (TANA) is among the organizations under scrutiny by the FBI, IRS, and DOJ for potential misappropriation of matching grants.
This situation highlights serious concerns about nonprofit ethics and corporate integrity.
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