San Francisco, July 1 (TIWN) Gene Levoff, a top corporate secretary and director of corporate law at Apple, has admitted engaging in an insider trading scheme that spanned five years.

California-based Levoff pleaded guilty by videoconference before US District Judge William J. Martini to six counts of an indictment charging him with securities fraud, said Vikas Khanna, an attorney for the US.

Levoff was initially charged by a complaint in February 2019, according to the US Department of Justice.

"Levoff betrayed the trust of one of the world's largest tech companies for his own financial gain," Khanna said in a statement late on Thursday.