Intel Israel sues ex-employee, contractor over alleged multi-million embezzlement sch

Intel Israel sues ex-employee, contractor over alleged multi-million embezzlement sch

Tech giant sues ex-employees over fraud scheme that reclassified component purchases as services, allegedly using a vendor to mask fake orders

News from HD Technology. Visit www.hd-tecnologia.com for the latest news. Intel has uncovered a new case of internal scam involving a former employee and a certified supplier, who managed to subtract more than $842,000 from a covert operation between October 2023 and November 2024. According to the company itself, the plan was implemented stealthily by manipulating invoices and purchasing classifications, circumventing internal verification cont…

Big tech companies dominate the market in one or several sectors. It is not surprising that these companies cause discomfort to many other companies that would like to be in their position. We also see that they are target cyberattackers and are often accused of antitrust lawsuits. In addition to all this, there have been cases of employees trying to steal business secrets. Speaking of all this, we now find Intel who has discovered as an employe…

Natalia Avtsin, a former employee of Intel Israel, conspired with supplier Yafim Tsibolevsky to embezzle $842,000. Avtsin registered as a supplier under a false name and issued false invoices, while Tsibolevsky forged 30 orders to change component transactions into service transactions to obtain payment. Intel has filed a lawsuit against the two to demand the repayment of funds and profits.

Intel uncovers alleged embezzlement involving former employee and supplier

Former Intel employee Natalia Avtsin and hardware component supplier Yafim Tsibolevsky committed fraud to steal over $840,000.

Intel publishes new drivers, the Arc and Iris Xe 32.0.11.6795, it is a BETA software, free of digital signature. Intel promises optimal performance in Dune games: Awakening, Elden Ring Nightreign and F1 25. Improvements in gaming performance on Intel® Arcs Series B graphics GPUs compared to Intel® 32.0.101.6793 software driver for: Monster Hunter Wilds (DX12) Up to 9% average increase in FPS to 1080p Up to 6% average increase in FPS to 1440p The…