{"id":28078,"date":"2024-02-21T10:49:44","date_gmt":"2024-02-21T05:19:44","guid":{"rendered":"https:\/\/farratanews.online\/dc-federal-jury-convicts-2-chinese-nationals-of-duping-apple-out-of-over-3-million-with-fake-iphones\/"},"modified":"2024-02-21T10:49:44","modified_gmt":"2024-02-21T05:19:44","slug":"dc-federal-jury-convicts-2-chinese-nationals-of-duping-apple-out-of-over-3-million-with-fake-iphones","status":"publish","type":"post","link":"https:\/\/farratanews.online\/dc-federal-jury-convicts-2-chinese-nationals-of-duping-apple-out-of-over-3-million-with-fake-iphones\/","title":{"rendered":"DC federal jury convicts 2 Chinese nationals of duping Apple out of over $3 million with fake iPhones"},"content":{"rendered":"
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Circled Squared Investments founder Jeff Sica discusses whether Microsoft can take over Apple as the company with the biggest market cap on ‘Varney & Co.’<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
A Washington, D.C., federal jury convicted two Chinese nationals on Tuesday, for being part of a scheme in which they submitted over 5,000 fake iPhones to Apple for repair, intending to dupe the tech giant out of over $3 million.<\/p>\n
The U.S. Department of Justice announced the conviction Tuesday afternoon, saying 33-year-old Hoatian Sun, also known as Hao Sun, Jack Sun, and Frank Sun, of Baltimore, as well as 33-year-old Pengfei Xue of Germantown, Maryland, were convicted of mail fraud and conspiracy to commit mail fraud.<\/p>\n
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Ticker<\/th>\n
Security<\/th>\n
Last<\/th>\n
Change<\/th>\n
Change %<\/th>\n<\/tr>\n<\/thead>\n
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AAPL<\/td>\n
APPLE INC.<\/td>\n
181.56<\/td>\n
-0.75<\/td>\n
-0.41%<\/td>\n<\/tr>\n
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The DOJ said court documents and evidence presented show that between May 2017 and September 2019, Sun and Xue, along with other co-conspirators, engaged in a fraudulent scheme in which they submitted counterfeit iPhones to Apple for repair.<\/p>\n
MASKED CALIFORNIA THIEF NABBED AFTER BEING CAUGHT ON VIDEO SNATCHING DOZENS OF IPHONES FROM APPLE STORE<\/strong><\/p>\n