Some engineering students scammed Apple out of nearly $1 Million.
Yangyang Zhou and Quan Jiang were in the U.S. on student visas, and orchestrated a scam where they shipped counterfeit iPhones from their native China and then returned them to Apple, saying they didn’t work. In accordance with Apple’s warranty program, they were provided with new, authentic devices which they shipped back to China to be sold for a profit.
For more, check out this IEN story.