aiyaaaa.. :laugh_at:
IT giants Cisco were shocked to discover that certain of their customers including “William Shakespeare”, “Thomas Hardy”, “Frank Lampard” and “Mr Fred” were actually fraudsters using false identities. Which was a pity – as Cisco had despatched up to £12 million worth of computer equipment to these customers to replace ‘faulty items’ following purported warranty claims under guarantee.
The ‘replacement’ equipment was then being sold on by the fraudsters.
There really is nothing new under the sun! I remember 30 years ago doing due diligence work at a finance company which – it turned out – had lent to such prestigious borrowers as “D Duck” and “J Cryst”.
Apparently Cisco called in the police when their internal auditors spotted the unusually high value of warranty claims and dug deeper. Police have arrested three men and a woman, all Chinese nationals, in London and Hampshire who are – no doubt – ‘helping the police with their enquiries’.
David
http://www.channelweb.co.uk/crn/news/2271132/cisco-rocked-12m-warranty-fraud
