Monday, June 26, 2023 4:22:39 PM
Monday, June 26, 2023 2:55 pm
A Nashua, New Hampshire man has pleaded guilty to transporting stolen Apple products in federal court. Guangwei “William” Wu, 30, pleaded guilty to the interstate transportation of stolen property on June 1, 2023. He is scheduled to be sentenced on October 4, 2023.
Wu owned and operated a transshipping company in Manchester called Hai Xing Qiao. In the fall of 2022, a victim company purchased Apple products, including iPads, iPhones, Apple Watches, and MacBooks. They hired Hai Xing Qiao to forward the products to Hong Kong. However, another Hong Kong-based company, Yongfu Huo, paid Wu a bribe of over $700,000 to have the products shipped to them instead.
To cover up his tracks, Wu claimed that law enforcement had seized the Apple products. He sent the victim company a false document titled “Disclaimer of Ownership” purportedly issued by the U.S. Postal Inspection Service. Wu also forged the signature of a federal agent on the document.
The charging statute provides a sentence of no greater than 10 years in prison, 3 years of supervised release, a fine of $250,000, and restitution. As part of the plea agreement, Wu is repaying $2 million in restitution to the victim.
The Federal Bureau of Investigation and U.S. Postal Inspection Service led the investigation. Assistant U.S. Attorney Alexander S. Chen is prosecuting the case.
Key Takeaways
• A Nashua man pleaded guilty to transporting stolen Apple products in federal court.
• The man owned and operated a transshipping company that was supposed to forward the products to Hong Kong.
• However, he accepted a bribe to have the products shipped to another company in Hong Kong.
• To cover up his tracks, he sent the victim company a false document claiming that law enforcement had seized the products.
• He is scheduled to be sentenced on October 4, 2023.
Sentence
The charging statute provides a sentence of no greater than 10 years in prison, 3 years of supervised release, a fine of $250,000, and restitution. As part of the plea agreement, Wu is repaying $2 million in restitution to the victim.
Investigation
The Federal Bureau of Investigation and U.S. Postal Inspection Service led the investigation. Assistant U.S. Attorney Alexander S. Chen is prosecuting the case.
MacDailyNews Take: Tsk, tsk.
Related
Siblings plead guilty to offenses involving the sale of 800 stolen MacBooks
Monday, March 22, 2021
In "News"
Two suspects in iPhone 4 prototype case plead not guilty
Thursday, September 1, 2011
In "News"
Former Apple employee pleads not guilty in trade secret case
Tuesday, July 17, 2018
In "News"
https://macdailynews.com/2023/06/26/new-hampshire-man-pleads-guilty-to-transporting-stolen-apple-products-worth-2-million/
Recent AAPL News
- Apple Joins OpenAI Board, Logitech President Opts Out of Reelection, and More News • IH Market News • 07/03/2024 10:59:39 AM
- U.S. Stocks Close Higher; Nasdaq Outperforms • IH Market News • 07/01/2024 09:10:17 PM
- Dow Dips, Nasdaq Gains, Oil Prices Rise • IH Market News • 06/26/2024 11:00:03 AM
- SolarEdge Stock Falls 13%, Wegovy Approved in China, Grail Nasdaq Debut, Apple Rejects Meta Chatbot • IH Market News • 06/25/2024 10:36:11 AM
- UPS Divests Coyote Logistics in $1.025 Billion Deal with RXO, Under Armour Agrees to $434 million Settlement, and More News • IH Market News • 06/24/2024 11:00:20 AM
- Trump Media Resells Stocks and Warrants; KB Home Exceeds Q2 Expectations, and More News • IH Market News • 06/20/2024 10:55:11 AM
- Apple The Exchange TRX to welcome its first customers this Saturday, June 22, in Kuala Lumpur • Business Wire • 06/20/2024 02:00:00 AM
- Nvidia Overtakes Microsoft To Become World’s Most Valuable Company • IH Market News • 06/19/2024 09:32:08 AM
- Fisker Files for Bankruptcy, Chegg Stocks Rise on 23% Workforce Reduction, and More • IH Market News • 06/18/2024 11:02:13 AM
- Goldman Sachs Raises S&P 500 Forecast for 2024; Disney Secures Deadpool & Wolverine in Chinese Cinemas, and More • IH Market News • 06/17/2024 10:49:12 AM
- Adobe Soars 15% Pre-Market; Visa and Mastercard Encounter Hurdles in $30 Billion Agreement, and More • IH Market News • 06/14/2024 11:21:47 AM
- Tesla Surges 5% in Pre-Market; Virgin Galactic Drops 9% Following Reverse Stock Split, and More News • IH Market News • 06/13/2024 11:24:25 AM
- Tamer Than Expected Inflation Data May Spark Early Rally On Wall Street • IH Market News • 06/12/2024 01:07:00 PM
- Paramount Ends Skydance Talks, Oracle Shares Surge 8.7% on New Partnerships, and More News • IH Market News • 06/12/2024 11:19:10 AM
- U.S. Futures Rise on Fed Decision; Oil Gains on Demand Forecasts • IH Market News • 06/12/2024 11:13:28 AM
- Nasdaq, S&P 500 Recover From Early Weakness To Reach Record Highs • IH Market News • 06/11/2024 08:49:55 PM
- FDA Panel Supports Eli Lilly’s Donanemab, Rio Tinto Expands Stake in Boyne Smelters, and More News • IH Market News • 06/11/2024 11:11:40 AM
- Apple extends its privacy leadership with new updates across its platforms • Business Wire • 06/10/2024 09:40:00 PM
- Apple empowers developers and fuels innovation with new tools and resources • Business Wire • 06/10/2024 09:00:00 PM
- macOS Sequoia takes productivity and intelligence on Mac to new heights • Business Wire • 06/10/2024 06:43:00 PM
- watchOS 11 brings powerful health and fitness insights, and even more personalization and connectivity • Business Wire • 06/10/2024 06:43:00 PM
- iPadOS 18 introduces powerful new intelligence features and apps designed for Apple Pencil • Business Wire • 06/10/2024 06:43:00 PM
- iOS 18 makes iPhone more personal, capable, and intelligent than ever • Business Wire • 06/10/2024 06:43:00 PM
- Introducing Apple Intelligence, the personal intelligence system that puts powerful generative models at the core of iPhone, iPad, and Mac • Business Wire • 06/10/2024 06:43:00 PM
- visionOS 2 brings new spatial computing experiences to Apple Vision Pro • Business Wire • 06/10/2024 06:43:00 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM