SELLING KNOCKOFFS of Cisco networking gear has landed Chun-Yu Zhao a five year stint in prison and a $2.7m fine.
Zhao's company, JDC Networking, had been flogging the dodgy Cisco kit for some time, with the US Department of Justice (DoJ) saying it was a sophisticated operation to import and sell counterfeit Cisco equipment. It certainly wasn't that sophisticated as Zhao did get caught, but not before she amassed quite a collection of homes and cars.
US District Court Judge for the Eastern District of Virginia Gerald Bruce Lee not only handed down the five year prison term and the fine but also ordered Zhao to forfeit four homes, three condominiums, two Porsches, a Mercedes and seven bank accounts that contained more than $1.6m. Judge Lee also stripped Zhao of her US citizenship.
Court documents showed that Zhao's family members and other co-conspirators in China had lied on import declaration forms. The DoJ claims they used counterfeit labels and packaging that would mislead customers.
Back in May a jury convicted Zhao of 16 felony counts, including obtaining citizenship by fraud, money laundering and making false statements to law enforcement. The DoJ claims that Zhao made millions from her operation and laundered the money through a number of bank accounts.
Technology firms are becoming increasing concerned about counterfeit hardware originating in Asia. The DoJ and Judge Lee have demonstrated that those who peddle knockoff hardware can expect both imprisonment and stiff financial penalties. µ
Tags: Hardware
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And actually, yes she created jobs, those things need shipping and packaging and building and the banks (in her case several) got their share and need to employ people too.
Plus I bet she sold them cheaper than the real thing so people that might not buy a real product might have made the jump.
As for what's right.. well I was obviously joking (smiley remember?) but I remind you that cisco is the one supplying the chinese with the infrastructure and expertise for their 'great firewall' and for keeping track of dissenting voices.. how good is that really? So she did a noble thing robbing cisco of profit actually huh, (even if that was not her intent per se).
Creating jobs ? No. She's a criminal who sold "Cisco" products to people who were buying Cisco products. The total number of Cisco products would still be the same with the difference being the $ goes from Cisco to her pocket.
If you think this is ok, then you're probably part of her "extended family"
So she created jobs and kept banks afloat and yet they got mad? Typical init
Better headline would have been: Chinese stripped of US citizenship for being capitalist. :)