Federal federal agent found more than $ 150,000 in cash when they searched the house of Apple manager Paul Devine originally this month , prosecutors tell in royal court Monday .
“ He had over $ 150,000 stored in shoe boxes , ” Department of Justice Attorney Michelle Kane enunciate , as she argued with a defense lawyer over the possible term of Devine ’s release . Devine had a further $ 20,000 worth of foreign currency in his possession , she say , argue that it was possible that the Apple executive might have other concealed sources of cash .
“ We have identify a important identification number of accounts overseas and a important amount of money , ” Kane said .
Devine was charged two weeks agowith conduct kickback from Apple suppliers .
The Apple global supply coach must transfer the unsung amount of Johnny Cash held in alien coin bank account into the U.S. and stake it plus $ 600,000 in bond before he can be free , say U.S. Magistrate Judge Howard Lloyd of the U.S. District Court for the Northern District of California .
Devine would stick too much of a flying risk to be secrete before the funds from his foreign accounts had been moved into the U.S. , the judge say .
Prosecutors say that Devine shared confidential data on Apple mathematical product such as the iPod and iPhone in commutation for cash kickbacks . He allegedly provide suppliers with projected sales event figures , information on how much it cost Apple to get the ware , and pricing bids from provision concatenation competitors .
Devine pleaded not guilty to the charges last week . He is also facing a polite suit from Apple .
It may take some time for Devine to meet all the conditions of his release . His attorney said his client might not even be able to move the money into the U.S. because of the complicated logistics of foreign store transferee .
There are other circumstance too .
Devine must allow sureness to inspect two safety deposit boxes he holds . devote that Devine had so much cash hoard by in his home , the Department of Justice want to ensure that he does n’t have money in the base hit deposit boxes as well , Kane said .
Devine and his married woman must also surrender passports to the court , the evaluator said .
On Monday , Devine ’s mother agreed to mail the deed of conveyance to her Maryland house as bond .