Ex-Tesla Manager Indicted for Embezzling $9.3 Million
A former supply chain manager at Tesla Inc. has been accused by prosecutors of embezzling $9.3 million in 2016-2017, USA Today reports.
#legal
A former supply chain manager at Tesla Inc. has been accused by prosecutors of embezzling $9.3 million in 2016-2017, USA Today reports.
Salil Parulekar, 32, has been indicted in a California federal court on nine counts of wire fraud and one count of aggravated identity theft. Each of the fraud charges carries a maximum sentence of 20 years in prison and a $250,000 fine.
Parulekar was at one point group manager of global supply for the electric car company. Prosecutors say he impersonated an employee of a supplier in Taiwan and convinced Tesla’s accounts payable department to switch bank account information from the supplier to an account he controlled.
Prosecutors say Parulekar also falsified invoices and forged bank documents to implement the scheme.
RELATED CONTENT
-
The Law and Autonomous Cars
Features that enable your car to drive itself are coming to market now, but regulations to govern their performance have lagged, notes Jennifer Dukarski, an attorney with the Butzel Long law firm.
-
Uber Settles with Family of Woman Killed in Self-Driving Car Crash
Uber Technologies Inc. has quickly settled on damages to the survivors of a woman killed in Tempe, Ariz., last week by an Uber test vehicle operating in autonomous mode.
-
GM Says Plaintiff in Ignition Switch Lawsuit “Fabricated” Evidence
General Motors Co. has asked a county court judge in Texas to either dismiss a complaint about the company’s defective ignition switches or tell the jury the plaintiff and his lawyer misrepresented the key involved in a fatal crash.