Published 15:35 IST, November 15th 2019

US: 14 indicted after FBI busted $6 million counterfeit iphone ring

The FBI has caught and charged 14 alleged members of an international criminal gang in the US who are involved with fraud, conspiracy, money laundering.

Reported by: Sounak Mitra
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FBI has caught and charged 14 alleged members of an international criminal gang in US who are involved in fraud, conspiracy, money laundering, and identity ft charges related to ir counterfeit iPhone and iP scheme that reportedly cost Apple over USD 6.1 million. case was unsealed on vember 13 in San Diego, California and gang was heed by three brors who imported more than 10000 counterfeit iPhones and iPs from China, according to federal grand jury.

y n exchanged it with real phones at authorized Apple Stores throughout US and Cana and n shipped devices back to China and or foreign countries to sell it at a good price, according to US Attorney's Office in Sourn District of California.

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Original Apple devices have IMEI

original Apple devices have International Mobile Equipment Identity (IMEI) and serial numbers that are unique to each and every device. As a part of scheme, counterfeit devices were provided with IMEI and serial numbers that matched those of real devices covered by an Apple warranty, according to reports. US Attorney Robert Brewer said that manufacture of counterfeit products and ir use to defraud US companies seeks to fundamentally undermine marketplace and harms incent people whose identities were stolen by this kind of activity.

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RE: Duplicate IPhones Fraud Costs Apple More Than $6.1 Million

Using or's IMEI is identity ft 

Using or's IMEI or serial numbers is a form of identity ft according to law as person kwingly and without any legal permission transferred, possessed, and used a means of identification of ar person. Apple has estimated that counterfeit items exchanged at Apple stores exceed USD 6.1 million. investigation took years to unseal and finally involved 14 people who face dozens of fraud, conspiracy, identity ft, and money laundering charges. FBI arrested 11 people but is still looking for three ors. release ted that bust occurred early Wednesday in San Diego, where law enforcement seized about USD 250,000 in cash and 90 iPhones that may be counterfeit.

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21:31 IST, November 14th 2019