Former Apple Supplier Faces 20 Years for Insider Trading

Lora Bentley

A former manager at Apple supplier Flextronics is facing insider trading charges, according to Bloomberg.


Walter Shimoon and two others were arrested following a nationwide investigation into illegal trading in hedge funds conducted by the Securities Exchange Commission, the Federal Bureau of Investigation and the U.S. Attorney for the Southern District of New York.


Prosecutors allege Shimoon was paid more than $22,000 to pass inside information about new Apple products and sales forecasts to investors. His job made him privy to details about projects that became the iPad and the iPhone 4, which he shared with clients of Primary Global Research in Mountain View, Calif.


The complaint indicates investigators gathered evidence via wiretaps on the phones of those involved, as well as with consensual recordings of phone conversations.


The defendants face up to 20 years in prison if convicted. An Apple representative declined to comment on the case.

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Dec 21, 2010 4:57 AM RememberMe? RememberMe?  says:

Apple's supplier is getting convicted and all the crooks in Apple's board of directors, including Steve Jobs, get a Get-Out-Of-Jail-Free card!

Apple is structured like the Mafia as I have personally discovered. During my 3 years solitary confinement there, I had to deal with douche bags like  Peter "Guito" Graffagnino, the disgusting Ralph Brunner Ralf Brunner (a vicious jew who always looked like he wanted to tear me apart for daring to be alive and so physically close to a disgusting parasite like him, even during my interview!), and their sprinting-gossiping negro slaves andrew barnes and haroon bin sheikh (who used to bend over and bow to the jew before entering his office! LMAO)

Of course I was the "spy" there, but then,interestingly,  I recently found out they are planting spies inside Google to steal google earth and google search engine technology through their moles there who "forget" to mention apple in their resumes! Yes and these filthy crooks are connected with Jobs....none of them have engineering credentials and most of them lie about what little they have, which explains the part about stealing technology from companies like google.


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