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Former Foxconn exec faces 10 years in prison for stealing 5,700 iPhones

by Todd Haselton | December 2, 2016December 2, 2016 7:30 am PDT

iPhone 5s Gold, Stack, Volume, Top

A former senior manager with Foxconn, one of Apple’s manufacturing partners, was recently indicted for allegedly stealing more than 5,700 iPhones. Did he really think they were going to just go missing without anyone noticing? It was apparently worth the risk; the iPhones were sold to net the executive about $1.56 million, AFP said on Friday.

The report said the manager worked with other Foxconn employees in 2013 and 2014 on a scheme to sneak iPhones out of the manufacturing facility. He targeted iPhone 5 and iPhone 5s units specifically, AFP said. Foxconn was running some figures earlier this year and started to notice discrepancies in iPhone figures. That’s when the jig was up, and the employee, only referred to in the report as “Tsai,” was arrested and eventually released on bail.

faces 10 years in prison

It’s unclear where Tsai was selling the iPhones, but we assume he was dumping them at retailers who were happy to take the devices off his hands instead of going through standard sales channels. For that reason, it sounds like this plot goes a lot deeper than just a single person trying to smuggle more than 5,000 iPhones out of a factory. We’ll need to wait for the full investigation until additional details come to light, though. AFP said Tsai faces up to 10 years in prison.

AFP Business Insider

Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...