Two scammers used 5,000 ‘fake’ iPhones to defraud Apple, here’s how

Haotian Sun and Pengfei Xue, Chinese men, found guilty of defrauding Apple of millions of dollars' worth of iPhones. They imported counterfeit iPhones from Hong Kong, submitted them for repair, and exchanged them for genuine replacements, causing a loss of over $3 million (Rs 24 crores). Sentencing scheduled for June 21.

Two scammers used 5,000 ‘fake’ iPhones to defraud Apple, here’s how
Haotian Sun and Pengfei Xue, Chinese men, found guilty of defrauding Apple of millions of dollars' worth of iPhones. They imported counterfeit iPhones from Hong Kong, submitted them for repair, and exchanged them for genuine replacements, causing a loss of over $3 million (Rs 24 crores). Sentencing scheduled for June 21.