The Escobar Phone Scam Saga Has Finally Come To an End (theverge.com) 14
Olof Kyros Gustafsson, former CEO of Escobar, pleaded guilty to fraud and money laundering charges related to the company's phone scam operation. The Department of Justice says Gustafsson took orders for phones branded with Pablo Escobar's likeness but failed to deliver products, instead transferring customer money for personal use.
When customers sought refunds, Gustafsson fraudulently referred payment processors to certificates of ownership as proof of delivery. The phones were Samsung devices with gold stickers. Gustafsson faces up to 20 years in prison and $1.3 million in restitution at his December 5th sentencing.
When customers sought refunds, Gustafsson fraudulently referred payment processors to certificates of ownership as proof of delivery. The phones were Samsung devices with gold stickers. Gustafsson faces up to 20 years in prison and $1.3 million in restitution at his December 5th sentencing.
Who can you trust? (Score:4, Funny)
If you can't trust a company branding itself after a cartel boss, who CAN you even trust?
Re:Who can you trust? (Score:5, Funny)
If you can't trust a company branding itself after a cartel boss, who CAN you even trust?
Ya, but what if the phones were gold [trumpmobile.com]?
(and apparently made in China [cnn.com], for now anyway)
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Seems legit.
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"Trust but verify". One of the very few smart things Ronald Reagan ever said. It does happen to be a Russian proverb though and that is where Reagan got it.
How can you be so stupid? (Score:2)
This cretin mush have just acted and never thought about the consequences. Because it is absolutely clear how such a scam ends and he is currently experiencing that.
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Yep. Essentially a small-time scammer that gets blown all over the media to create a false impression that the law works.
I want to see who tried to buy one (Score:2)
Typo, it was actually the Esco-brand bar phone (Score:3)
The Escobar Phone Scam Saga Has Finally Come To an End
It was actually a bar phone sold by Esco. Easy mistake to make. :)
What is it with evil company names? (Score:2)
So... the company is named after the most notorious drug cartel kingpin, like... ever... and somebody is shocked... SHOCKED, I tell you... that it turns out to be a criminal enterprise. Somebody get me the internet's manager!
And then you've got Palantir. Sure... the company we named after the evil talisman that the dark lord Sauron used to drive Denethor the Steward to madness and suicide and Saruman the White to full-up villainy is a good-faith actor, and totally not a creepy-AF big-brother enabler that
A pardon is practically guaranteed... (Score:2)
if he can come up with about a million dollar in political donation to the commander-in-chief and a few words to boost his ego. Call Nikola founder for advice.