5,700 iPhone Units Allegedly Stolen by Foxconn Employee

If you're a small business owner and you're currently having problems with dishonest staff or employees that are just impossible to manage, don't think that you're alone in the struggle.

The truth is, even companies as big as Apple's main suppliers are dealing with the exact same issues.

Apple iPhone 5

A former senior manager at Foxconn - the company that assembles Apple iPhones in China - has recently been charged with breach of trust for stealing over 5,700 iPhone 5 and 5s units from the factory in the course of 2013 to 2014! Imagine that. (source)

So what was the modus operandi? Working in the Testing Department of Foxconn, the manager - whose last name is Tsai - along with his accomplices secretly sold test iPhone units that were supposed to be destroyed after the procedure. The cumulative value of all handsets they were able to sell amounted to $1.5 Million USD.

Well, now that their activities have been brought to light via an internal audit at Foxconn, the leader of the group is facing the possibility of having to serve up to 10 years in jail.

Gee, I wonder what happened to all of those stolen iPhones? Do their owners even know where their handsets came from? Or do they even care?

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