CEO of 19 firms charged with selling fake Cisco devices worth $1 bn

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CEO of 19 firms charged with selling fake Cisco devices worth $1 bn

Grand Jury Federal in the New Jersey District accused Onur Aksoy, aka Ron Aksoy, aka Dave Durden, 38, from Miami by carrying out massive operations for many years for traffic in cheating and fake Cisco network equipment with estimated retail values ​​of more than More than more than more than more than more than more than more than more than retail values ​​higher than more than more than $ 1 billion retail value.

He imported tens of thousands of fake Cisco devices from China and Hong Kong and sold them back to customers in the US and abroad, wrongly representing the product as new and original, the US Department of Justice said in a statement on Friday night.The operation was thought to produce more than $ 100 million in income, and Aksoy received millions of dollars for his personal profits.

According to the indictment, the device is usually older, the lower model products, some of which have been sold or discarded, which are then modified by Chinese counterfeiters as the original version of the new, upgraded, and more expensive Cisco device.

Chinese counterfeiters add pirated cisco software and unauthorized, low quality components, or unreliable, including components to avoid technological steps added by Cisco to software to check software license compliance and to authenticate hardware.Finally, to make the device look new, original, high quality, and sealed by Cisco, Chinese counterfeiters who allegedly added Cisco labels, stickers, boxes, documentation, packaging, and other materials, the Department of Justice said.

Aksoy was charged with a conspiracy accusation for traffic in fake goods and committing fraud of letters and wires; Three accusations of letter fraud; Four accusations of wire fraud; and three accusations of trade in fake goods.

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