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Tom’s Hardware
Tom’s Hardware
Technology
Zhiye Liu

Intel uncovers alleged embezzlement involving former employee and supplier

Intel Israel.

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. This embezzlement allegedly took place between October 2023 and November 2024, remaining undetected until Intel exposed the fraud.

Avtsin was employed in Intel Israel's hardware production department until her dismissal in November 2024. 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. In September 2023, Tsibolevsky registered as an authorized dealer under the name "Energy Electronics 2000" and subsequently became an official Intel supplier the following month.

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