14 Indicted in $6 Million Counterfeit iPhones Scheme in US
New York: The FBI has busted and charged 14 alleged members of an international criminal gang in the US with fraud, conspiracy, identity theft and money laundering charges related to their counterfeit iPhone and iPad scheme that reportedly cost Apple over USD 6.1 million.
According to a federal grand jury indictment unsealed on Wednesday in San Diego, California, the gang was led by three brothers and they imported more than 10,000 counterfeit iPhones and iPads from China.
They then exchanged them for the real thing at Apple stores throughout the US and Canada, and then shipped the authentic devices back to China and other foreign countries to sell at a premium, according to the release from the US Attorney’s Office in the Southern District of California.
Genuine Apple (AAPL) iPhones and iPads have International Mobile Equipment Identity (IMEI) and serial numbers that are unique to each device. As part of the scheme, the counterfeit devices were equipped with IMEI and serial numbers that matched those of real devices covered by an Apple warranty in the US or Canada, according to the release.
“The manufacture of counterfeit goods — and their use to defraud US companies — seeks to fundamentally undermine the marketplace and harms innocent people whose identities were stolen in furtherance of these activities,” US Attorney Robert Brewer said.
Related Posts
Doncaster trading standards officers seize 85,000 counterfeit cigarettes in black market clamp down
More than 85,000 fake cigarettes – plus 40kg of illicit rolling tobacco – have...
Nigeria loses N9bn annually to counterfeit products
Stakeholders in the home appliance and baby care industry have lamented the...
Two more financiers of gold smuggling held
KOCHI: The Customs on Friday arrested two more persons who allegedly funded the...
Increases in tobacco tax opposed by businesses
Retailers and distributors urged state lawmakers Tuesday to snuff out a bill that...


