Paul Devine, the Apple manager accused of taking kickbacks in exchange for company secrets, should forfeit all proceeds from his fraud, prosecutors said in a court filing -- as reported by "Bloomberg" (http://www.bloomberg.com/news/2010-08-23/judge-sets-bail-for-apple-manag...?).

Devine, let out of jail with an US$440,000 lien against his mother’s home to help secure bail, must forfeit cash “derived from proceeds” of his fraud and money laundering, the U.S. argued in court documents. Prosecutors are seeking forfeiture of about $950,000 seized from as many as six different accounts, and a Porsche Cayenne, according to the Nov. 10 filing.

"Bloomberg" reports that Devine appeared in court today before U.S. District Judge James Ware in San Jose, California, where Assistant U.S. Attorney Michelle Kane said the government needs more time to review data on computers seized from Devine before returning them in a pre-trial exchange of information.

The Apple global supply manager is accused of trading confidential Apple information in return for more than $1 million in payments, bribes and kickbacks. He purportedly had over $150,000 stored in shoe boxes in his house. Devine had a further $20,000 worth of foreign currency in his possession.