Florida Man Sentenced for Running Billion-Dollar Counterfeit Cisco Operation
Onur Aksoy, CEO of 19 companies, received a six-year prison term for trafficking counterfeit networking equipment, affecting U.S. military and other critical sectors.
- Aksoy's fraudulent scheme lasted nearly a decade, selling over $1 billion in counterfeit Cisco products.
- The counterfeit equipment was used in sensitive applications, including U.S. military jets like the F-15 and F-22.
- U.S. Customs intercepted 180 shipments of the fake gear between 2014 and 2022, highlighting the scale of the operation.
- Aksoy must pay $100 million in restitution to Cisco and other victims for the widespread fraud.
- The case raises serious concerns about the verification processes for suppliers of critical technology to government and military.