US Man Jailed for Trafficking Fake iPhones and iPads, Impacting Apple's Revenue
US Man Jailed for Trafficking Fake iPhones and iPads
The official release revealed that Zhiwei Liao, along with his brothers Zhimin Liao and Zhiting Liao, brought in counterfeit iPhones and iPads from China. These devices looked authentic, complete with identification numbers that matched real products sold in the US and Canada.
Impact on Apple's Revenue
The scam cost Apple over $6 million in revenue and damaged the trust of customers who unknowingly purchased counterfeit devices. The counterfeit products under warranty further complicated the situation, impacting Apple's reputation and customer experience.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.