A former Apple employee has been charged with defrauding the company out of more than $10 million

A former Apple employee has been charged with defrauding the company of more than $10 million.

Dhirendra Prasad is accused of taking kickbacks, stealing equipment, and money from the tech company he worked for.

According to the filing, Prasad, who worked for 10 years at Apple, has been accused of engaging in a conspiracy to commit fraud, money laundering, and tax evasion.

Two owners of vendor companies that did business with Apple admitted to conspiring with him, according to prosecutors.

The US District Court in San Jose is where he will appear next week.

Insider couldn't determine whether or not he had retained a lawyer.

According to a news report, the US Attorney's office in San Jose said that a court has allowed the federal government to seize five properties and financial accounts.

The US Attorney's office didn't respond to Insider's request for comment outside of normal working hours.

According to the filing, Prasad intended to create a scheme and pretense to defraud as to a material matter, and to obtain money and property by means of false and fraudulent representations.

The maximum sentence for each of the charges is five to 20 years.

Apple sued a former employee over accusations he stole and leaked company trade secrets to a journalist to get positive press coverage for his startup.