Apple Thanks Man Charged With Defrauding Them Of $2.5M, Reason Remains Unclear: Report
Portfolio Pulse from Benzinga Neuro
Apple Inc. (NASDAQ:AAPL) reportedly thanked Noah Roskin-Frazee, a man charged with defrauding the company of $2.5 million in gift cards and products, in a security update. The reason behind this acknowledgment is unclear. Roskin-Frazee, a security researcher, was indicted for fraud and damaging a protected computer by using a password reset function to alter orders and resell items. This incident follows previous cases of fraud involving Apple employees.
February 08, 2024 | 8:10 am
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Apple Inc. is involved in a peculiar situation where it thanked an individual charged with defrauding the company of $2.5 million. This incident could raise questions about Apple's security measures and public relations strategies.
The acknowledgment of an individual charged with a significant fraud against Apple could potentially harm the company's reputation, raising concerns about its security measures and decision-making processes. This situation is unusual and might lead to negative short-term sentiment among investors and customers, potentially affecting the stock price negatively.
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