Tag: prison?
Court Orders Theranos Founder Elizabeth Holmes To Go To Prison
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YouTuber is facing 20 years in prison for intentionally crashing his plane in a real-life GTA stunt and then lying about it to the government
Ex-Ubiquiti Engineer Behind ‘Breathtaking’ Data Theft Gets 6-Year Prison Term
However, even if that was Sharp’s true motivation, Failla did not accept his justification of his crimes, which include wire fraud, intentionally damaging protected computers, and lying to the FBI. “It was not up to Mr. Sharp to play God in this circumstance,” Failla said. US attorney for the Southern District of New York, Damian Williams, argued (PDF) that Sharp was not a “cybersecurity vigilante” but an “inveterate liar and data thief” who was “presenting a contrived deception to the Court that this entire offense was somehow just a misguided security drill.” Williams said that Sharp made “dozens, if not hundreds, of criminal decisions” and even implicated innocent co-workers to “divert suspicion.” Sharp also had already admitted in pre-sentencing that the cyber attack was planned for “financial gain.” Williams said Sharp did it seemingly out of “pure greed” and ego because Sharp “felt mistreated” — overworked and underpaid — by the IT company, Williams said.
Court documents show that Ubiquiti spent “well over $1.5 million dollars and hundreds of hours of employee and consultant time” trying to remediate what Williams described as Sharp’s “breathtaking” theft. But the company lost much more than that when Sharp attempted to conceal his crimes — posing as a whistleblower, planting false media reports, and contacting US and foreign regulators to investigate Ubiquiti’s alleged downplaying of the data breach. Within a single day after Sharp planted false reports, stocks plummeted, causing Ubiquiti to lose over $4 billion in market capitalization value, court documents show. Williams had pushed the court to impose a sentence between eight to 10 years, arguing that anything less would be perceived by the public as a “slap on the wrist.” Sharp’s six-year term is slightly less than that, but in a press release, Williams described the sentence as imposing “serious penalties” for Sharp’s “callous crimes.” “He was disgruntled at his employer, planning to leave the company, and wanted to extort millions of dollars and cause damage on his way out,” Williams said in his sentencing memo.
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Terrorists limited to two boxes of books in prison cells
Elon exposes his burner, Tile embraces the cat life, and Elizabeth Holmes avoids prison
Hey, TechCrunch people. If you’re looking for a recap of the week’s news in tech, you’ve come to the right place. It’s Week in Review (WiR), TechCrunch’s regular recap column. Glad to have you. Before we get on with the meat of it, a PSA that tickets for TechCrunch Disrupt 2023 are available now. Disrupt, […]
Elon exposes his burner, Tile embraces the cat life, and Elizabeth Holmes avoids prison by Kyle Wiggers originally published on TechCrunch
Strategy, survival, and a Nemesis-inspired system fuse in Space Prison
Space Prison looks like a truly inventive strategy game. Developed by the new Polish studio Wooden Alien, it blends turn- and grid-based strategy with social dynamics, delightful aliens, and quite surprisingly, survival elements and the Shadow of Mordor Nemesis System, to create something I feel is truly new. So to mark the recent reveal of Space Prison, PCGamesN talks with Wooden Alien and learns a lot more about the upcoming game.
MORE FROM PCGAMESN: best strategy games, best 4X games, best turn-based strategy games
Former Employee Who Defrauded Apple Sentenced to 3 Years in Prison and $19 Million in Fines
Prasad was part of Apple’s Global Service Supply Chain department between 2008 and 2018, and his job was to buy parts and services from vendors for servicing older devices. In 2011, Prasad started accepting kickbacks, inflating invoices, and stealing parts, causing Apple to pay for components and services that it did not receive.
Two vendors worked with Prasad to steal money from Apple. His schemes included funneling illicit payments from the vendors to his creditors, tricking Apple into paying for components twice, and stealing components purchased by Apple and reselling them to Apple through his co-conspirators. In total, he was found guilty of stealing $17 million through mail and wire fraud.
He will forfeit nearly $5.5 million in assets that the government has already seized, and will need to pay an additional $8 million in forfeiture money. The $13.5 million forfeiture is on top of the $17 million that he must pay to Apple and the $1.8 million he owes to the IRS for not paying taxes on the money he received from Apple.
After serving three years in prison, he will have another three years of supervised release.
This article, “Former Employee Who Defrauded Apple Sentenced to 3 Years in Prison and $19 Million in Fines” first appeared on MacRumors.com
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Fugees Star Pras Michel Found Guilty of Illegal Political Lobbying, Facing Up to 25 Years in Prison
Pras Michel, a founding member of the Hip-Hop ensemble The Fugees, has been found guilty of making illegal campaign contributions during the 2012 US presidential election.
Full story below…
The star stood accused of funneling $100m through “straw donors” to influence US political elections in both 2012 and 2017.
Straw donors refer to individuals who make donations to political campaigns on behalf of someone else in order to sidestep campaign finance laws.
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