College Students Allegedly Ran Counterfeit iPhone Repair Scam and Made $1M

Hopefully, they were at least taking business classes, as they apparently know how to create a business and how to profit off it. Two Chinese engineering students figured out how to scam Apple out of $1 million worth of iPhones. And now that this counterfeit iPhone repair scam story is out there in the news, others won’t be able to do the same, as most likely Apple is changing whatever methods led them to this. Or at least we should hope they are. Counterfeit iPhone Repair Scheme This is how the two carried out their scheme. Yangyan Zhou would smuggle counterfeit iPhones into the United… Read more

Posted by / April 5, 2019
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