To jail for stealing more than 3,000 iPods (yes iPods) worth more than 1 million dollars

The famous iPod stars in a millionaire scam!

In 2001 Apple introduced the iPod to the world, absolutely revolutionized the technology industry. At the time and as is often the case with the company’s products, everyone wanted the famous device that was updated for several generations, but as is often the case, these were also used for commit millionaire scams, which have only just been discovered.

According to information shared from 9to5mac, a woman identified as Kristy Stock was convicted of the theft and resale of more than 3,000 iPods, valued at one million dollars, which were to be delivered to students in New Mexico.

Before the authorities for a millionaire theft of iPods

According to the documentation shared by the authorities in the United States, scheme started in 2013 when he was in charge of a program for the New Mexico Consolidated Central School District designed to provide devices to Native American students living on tribal reservations.

But far from fulfilling the objective, Stock used the money to buy between 100 and 250 units per order, two or three times a year, which I would then resell through eBay with the help of two accomplices. for this scam earned approximately $800,000 between 2013 and 2018. In addition to this crime, Stock filed false income tax returns with a tax loss of about $270,000.

The authorities’ press release does not specify which iPods were stolen as part of this scheme, but given the dates of the thefts, they were probably iPod touch units, valid at that time.

Both Stock and his accomplices were sentenced to prison.Stock must serve 18 months in federal prison, followed by three years of supervised release. Saurabh Chawla has been sentenced to 66 months in federal prison. Finally, James Bender has been sentenced to one year and one day in federal prison.

Over the years, products with the bitten apple logo have been used for scams all over the world. And although some manage to go unnoticed for years, finally the economic gains end up betraying those involved.

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Related topics: Apple

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