Apple’s Head of Security Indicted in Alleged Bribery Scheme

By Timothy Sykes

Last updated on February 2, 2021
Apple’s Head of Security Indicted in Alleged Bribery Scheme Thumbnail

The Chief Security Officer for Apple Inc. (NASDAQ: AAPL), Thomas Moyer, has been indicted by the San Jose District Attorney’s office.

Earlier today in a press conference, District Attorney Jeff Rosen announced charges against Moyer.

Multiple high-ranking law enforcement officers were indicted as well. The DA alleged that Santa Clara County Undersheriff Rick Sung illegally withheld four concealed firearm permits from the Apple security team.

Rosen alleged that Sung withheld the permits in order to extract 200 iPads for the sheriff’s department. The iPads are valued near $70,000.

This wasn’t the first time Sung allegedly pulled a stunt like this, either. The indictment included charges for another bribery involving an insurance agent seeking a concealed carry permit. This bribe was for luxury box seats to a San Jose Sharks game in February 2019.

The DA has drawn a firm line in the sand with the indictments — not only indicting those allegedly extorting the bribes but also those who allegedly complied.

If found guilty, all the parties indicted could face jail time.

Moyer has been with Apple for about 15 years. In a statement, his attorney said Moyer “did nothing wrong and has acted with the highest integrity throughout his career.”

At writing, Apple has not commented. Its stock is down about 2.5% today.

Posts contain affiliate links. Timothysykes.com may get compensated for affiliate posts and purchases through links

Share

How much has this post helped you?

star star star star star
Comments (1)
Author imageTimothy Sykes
Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don’t forget to check out my 30 Day Bootcamp, it will teach you everything you need to know about trading.

Leave a Reply