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Counterfeit iPhone scam tied to China, Oregon students

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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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