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Al Jazeera
Al Jazeera
Technology
Maziar Motamedi

Arrests after Iran’s iPhone ban paves way for multimillion-dollar scam

Prices of some older iPhones that are no longer sold by Apple have skyrocketed in Iran due to a government ban [Jeenah Moon/Bloomberg]

Tehran, Iran – At least one person has been arrested and more are wanted after a company scammed people out of tens of millions of dollars, promising cheap iPhones after a ban on them in Iran.

A division of Iranian law enforcement tasked with economic crimes said on Friday that the main suspect in the case of a firm called Kourosh Company had fled the country, but a “main member” of the company was arrested and two more are wanted.

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