Two Oregon college students allegedly managed to scam Apple out of nearly $900,000 through a scheme involving counterfeit iPhones, according to the federal government.
out of nearly $900,000 through a scheme involving counterfeit iPhones, according to the federal government.
at the time, estimated that he submitted over 2,000 warranty claims in 2017 alone, the government said, and Apple's records show over 3,000 claims in total attributed to Jiang. In every case, Jiang claimed that the iPhones could not be turned on, which turned out to be the crux of the scam, according to the government.
While Apple was able to determine that many of the counterfeit iPhones Jiang submitted were not authentic, the company still accepted 1,493 of the phones the student sent in as authentic and provided him with replacement iPhones. At a cost of $600 per iPhone, according to the company's estimates, those replacements resulted in losses of $895,800 for the tech giant, the government said.
Jiang, meanwhile, was accused of wire fraud and trafficking in counterfeit goods in federal court last year. He faces fines of up to $2 million and 10 years in prison for the trafficking accusation, and another possible 20 years in prison for wire fraud.
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