Students accused of cheating Apple out of nearly $1m in fake iPhone scheme

Two Oregon college students allegedly submitted thousands of repair requests over the course of a year using counterfeit phones

Many of us have waited trepidatiously in the Apple Store, clasping our broken iPhone we've long since lost the receipt for, while the Genius Bar overlords decide whether to take pity on us and give us a new one or show us the gladiatorial thumbs down.

But two Oregon students had rather a lot more riding on Apple's replacement policy. They allegedly frauded Apple of nearly $1m by sending the company counterfeit iPhones, claiming they were faulty, and receiving brand-new genuine models as replacements.