FBI busts Chinese ring which deals with fake Iphones and Ipads

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The FBI has revealed a counterfeit ring involved in shipping fake iPhones and iPads across the world.

The investigation that reportedly took years is said to have hit across many jurisdictions.

According to US Attorney Robert Brewer, the fake devices are estimated to have cost Apple over $6.1 million.

He said the counterfeit ring imported devices from China to the US, and then to other countries around the world.

The fake devices would then be exchanged with genuine products.They would do this after equipping the phones and iPads with IMEI and serial numbers that matched those of real devices under warranty.

CNN reports that the genuine products would then be shipped to China and other countries and sold at a marked up price.

FBI traced the original devices using their International Mobile Equipment Identity (IMEI) and serial numbers that matched the counterfeit products they were exchanged with.

“The manufacture of counterfeit goods  and their use to defraud US companies  seeks to fundamentally undermine the marketplace and harms innocent people whose identities were stolen in furtherance of these activities,” Brewer told CNN.