Mexican Media Brands
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
Share
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
-
Uber Fires Levandowski Over Waymo Lawsuit
Rider-share provider Uber Technologies Inc. has fired Anthony Levandowski, who headed its autonomous vehicle program until stepping aside in April.
-
VW Asks to Delay U.S. Diesel Emission Trials Over Hitler Reference
Volkswagen AG has asked a judge to delay several U.S. lawsuits involving rigged diesel emission controls because a lawyer representing hundreds of VW customers made “inflammatory” comments about the company.
-
Four Auto Companies Rank Among the World's Most Ethical
GM and Cooper Standard make the list for the first time, joining long-running honorees Aptiv and Cummins