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Intel uncovers alleged embezzlement involving former employee and supplier | An insider and an outside allegedly colluded to embezzle over $840,000 from Intel.


An insider and an outside allegedly colluded to embezzle over $840,000 from Intel.

Israeli news source Calcalist has reported that Intel Israel has initiated legal action against Natalia Avtsin, a former employee, and Yafim Tsibolevsky, a previous component supplier, for their alleged conspiracy to embezzle over NIS 3 million, approximately $842,000. Intel stated that her termination was part of a strategy to reduce operations in Israel and was unrelated to her alleged crimes, which were still undiscovered at that time. Intel is suing Avtsin and Tsibolevsky in the Haifa District Court, asking the defendants to repay the stolen funds and any profits they made from them.

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