YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Two Chinese men on student visas in Oregon allegedly ran a counterfeit iPhone scheme.
Apple reportedly lost nearly $900,000 from the scheme.
Yangyang Zhou and Quan Jiang allegedly imported thousands of counterfeit iPhones from China. They were sent to Apple - over complaints they would not turn on - for replacements under the company's warrancy policy, according to the report.
New iPhones that were returned to the men allegedly were sent overseas to sell for a profit.
Read more from The Oregonian.
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