Friday, 30 September 2011

Fake iPhone ring busted in China: report (Reuters)

SHANGHAI (Reuters) – Chinese police in Shanghai have arrested five people for making and selling fake versions of Apple Inc's iPhone, a local newspaper reported on Thursday.Police said those arrested were part of an organized gang that bought components for the phones from Guangdong in southern China and assembled them in rented apartments in Shanghai, the Shanghai Daily said.About 200 fake iPhones were found during the crackdown.The cost to make one fake iPhone, which used some genuine

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