Chinese criminals' fraudulent warranty claims cost Apple billions of dollars

Apple's warranty policy was badly abused by fraudsters in China back in 2013, according to a report from The Information. In an elaborate scheme, rings of thieves would purchase iPhones and immediately return them to Apple's Store in Shenzhen, claimi...

Report: Chinese fraudsters cost Apple billions in free iPhone parts

Apple's warranty policy was badly abused by fraudsters in China back in 2013, according to a report from The Information. In an elaborate scheme, rings of thieves would purchase ...

Wed 10 Oct 18 from Engadget

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