Japan Display (JDI), one of Apple's suppliers, announced on Thursday that it had fired a customer service manager last year for misappropriating approximately $5.25 million over four years since the company became public in 2014.
In a statement, JDI said it has filed a criminal complaint against the former employee and is cooperating with the police. The embezzlement was first reported by Asahi newspaper on Thursday.
The JDI employee fraudulently obtained approximately 578 million yen ($5.25 million) from July 2014 to October 2018 by organizing payments to a fictitious company.
The company, currently facing significant financial issues, is trying to reach a financial assistance agreement with Apple and other investors, aiming to raise at least 50 billion yen.
Source: 3dnews.ru
