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Cisco Fraudster Sentenced to Pay $100M
and Serve Jail Time for $1B Counterfeit Operation.
In a landmark case for the tech industry, a massive counterfeit operation has been brought to justice. Onur Aksoy, the CEO behind one of the largest counterfeit Cisco equipment trafficking operations, has been sentenced to pay $100 million in restitution and serve over six years in prison.The Counterfeit Scheme
Operation Span: 2013 – 2022
Fake Products Sold: Over $1 billion in retail value.
Companies Involved: 19 different companies, 15 Amazon storefronts, and at least 10 eBay storefronts.Onur Aksoy, who operated under various aliases including Ron Aksoy and Dave Durden, pleaded guilty to charges including trafficking in counterfeit goods, mail fraud, and wire fraud. His operation not only affected the commercial sector but also compromised sensitive U.S. military systems.
The counterfeit Cisco gear sold by Aksoy’s operation was found in critical areas, including U.S. Navy, Air Force, and Army operations. Platforms supporting fighter jets like the F-15, F-18, and F-22. AH-64 Apache attack helicopter, P-8 maritime patrol aircraft, and B-52 Stratofortress bomber aircraft. Various U.S. hospitals and schools. The fraudulent equipment often. performed poorly or failed entirely, posing significant risks to users and operations.
This sentencing marks a significant victory for Cisco and the tech industry at large. It sends a strong message about the consequences of undermining intellectual property rights and jeopardizing public safety with counterfeit products. As the tech industry continues to evolve, this case serves as a reminder of the importance of vigilance against fraud and the protection of genuine innovation.
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