A brazen iPhone scam in Iran reflects its economic struggles and tensions with the West
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Published Feb 29, 2024 • 4 minute read
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TEHRAN, Iran (AP) — With flashy celebrity ads and promises of deep discounts, a shop in Iran’s capital had offered consumers in the Islamic Republic one of the hottest products in the country — an iPhone that came out in 2021.
But instead of getting their hands on the handsets, police and prosecutors in Iran allege customers found themselves ensnared by a business owner running a multimillion-dollar Ponzi scheme.
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Yet the controversy surrounding the Kourosh, or “Son of the Sun,” Company extends far beyond just the alleged scheme.
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The Associated Press
2024-02-29 00:17:55
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