Cisco warranty scammer gets seven years prison

By Liam Tung on May 6, 2011 2:44 PM
Filed under Security

Pair to pay US$18 million restitution to vendor.

A US man who manufactured counterfeit networking gear has been sentenced to 7 years prison and ordered to pay US$18 million for defrauding Cisco. 

Iheanyi Frank Chinasa and his accomplice, Robert Chambliss, had pleaded guilty to charges earlier this year over a scheme in which the pair claimed warranties for fake Cisco equipment. 

Chambliss, also be responsible for footing the $18 million fee, was sentenced last month to 12 months and one day in prison.

The pair were indicted last year for defrauding Cisco of $27 million and faced 20 years imprisonment, a US$250,000 fine and full restitution, according to an EWeek report.

They had falsely claimed that they were having trouble with a Cisco product covered by a warranty, an attorney general and FBI investigator said in a statement on Thursday

Their scam relied on Cisco’s return policy, which involved the networking giant sending a replacement part prior to the customer returning the allegedly faulty product. 

 
Follow us on Facebook and Twitter
 

Copyright © iTnews.com.au . All rights reserved.

Cisco warranty scammer gets seven years prison
 
 
 
 
 
Top Stories
Buyout for one of Australia's biggest Apple resellers
Investor to roll up $14m MyMac with accessories wholesaler and MSP.
 
Google and Apple scramble to fix 'Freak' security bug
Google partners already have patch, Apple to release next week.
 
Lenovo debuts US$149 Windows tablet, two Android models
Ideapad MIIX 300 comes with one year of Office 365.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Polls
As a reseller, my main source of credit is:




Latest Comments
CRN Magazine

Issue: 335 | January/February 2015

CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.