Apple Inc. (AAPL) CEO’s Coffee Date Charity Auction Hit By Fraud

A charity auction in which the highest bidder gets a chance to have a coffee with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has been hit by fraud as the highest bid was made with the help of a stolen credit card, reports ABC news.

The money collected from auction for a date with Apple Inc. (NASDAQ:AAPL)’s Tim Cook, along with 137 other experiences will go to the Robert F. Kennedy Center for Justice and Human Rights. The last date for the auction is May 14, but the highest bid of $605,000 was made last week. The highest bid, however, came down to $600,000 once it was found out that the previous highest bid was made by a stolen credit card.

Glenda Luft Felden, spokeswoman for Charitybuzz, said that the moment bid was placed, the fraud was caught and resolved.  Charitybuzz is the firm which is carrying the auction.

“The current highest bid is a legitimate bid and we’re excited to see where the auction goes,” she said.

The current bidder is rory.oneill3 who has made the highest bid to spend 30 minutes to an hour with Tim Cook over coffee in the Apple Inc. (NASDAQ:AAPL) headquarters based in Cupertino, California.

Only two guests can have the opportunity of  a coffee chat with Cook, and they will have to go through security screening, and will be responsible for their travel and accommodation.

In the total auction, the second highest priced item is a tour of SpaceX Center in Los Angeles with Tesla Motors Inc (NASDAQ:TSLA) founder Elon Musk at $7,500. The company Charitybuzz is increasing the items in the auction. The most recent package is a chance to meet designer Marc Jacobs backstage during a fashion show.

Other than this there are packages like a training camp with NFL football player Peyton Manning and an opportunity to be in a movie scene with “Thor” star Chris Hemsworth in a film directed by Michael Mann. Another package includes a date with Francis Ford Coppola at $4,500.

This year marks the sixth one for the RFK Spring Auction. The funds collected from these auctions are donated to the organization, which assists human rights globally. According to the firm conducting the auction,  previous auctions helped raise more than $3.5 million for human rights work.

 

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About the Author

Aman Jain
Aman is MBA (Finance) with an experience on both Marketing and Finance side. He has worked as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, reviewing tech gadgets, playing PC games and cricket. - Email him at amanjain@valuewalk.com

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