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Chinese Nationals Convicted in $3 Million Iphone Fraud Scheme

Chinese Nationals Convicted in  Million Iphone Fraud Scheme


Two Chinese nationals have been convicted for their position in a bogus Apple iphone plan intending to bring about a reduction of much more than $3 million to Apple, the US Justice Department reported in a press statement on Tuesday.

Haotian Solar and Pengfei Xue, together with co-conspirators, submitted extra than 5,000 counterfeit iPhones to Apple for repair with the aim of the business exchanging them for genuine replacements.

Sunlight and Xue were being convicted of mail fraud and conspiracy to dedicate mail fraud, said the DOJ. They just about every face a greatest sentence of 20 many years in jail.

This story was created by Bloomberg Regulation …



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Written by bourbiza mohamed

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