Brief by Shorts91 Newsdesk / 04:42pm on 07 Jan 2025,Tuesday Business
Apple has reportedly terminated 185 employees, including many Indians, for exploiting its Matching Grants program. Allegations suggest employees collaborated with nonprofit organizations, including some linked to Telugu groups, to falsify donations and receive Apple’s matching contributions. Six individuals, though not Indians, have been charged with defrauding $152,000 over three years. The alleged ringleader, Siu Kei Kwan, is accused of redirecting funds and filing false tax returns. Authorities have issued warrants against the accused. Apple has yet to comment officially on the matter. The scheme has raised concerns over corporate policy violations and potential tax fraud.
