A brazen iPhone scam in Iran reflects its economic struggles and tensions with the West
With flashy celebrity ads and promises of deep discounts, a shop in Iran's capital had offered consumers in the Islamic Republic one of the hottest products in the country — an iPhone that came out in 2021.
But instead of getting their hands on the handsets, police and prosecutors in Iran allege customers found themselves ensnared by a business owner running a multimillion-dollar Ponzi scheme.
Yet the controversy surrounding the Kourosh, or “Son of the Sun,” Company extends far beyond just the alleged scheme.
It's a sign of the economic woes plaguing Iran after decades of Western sanctions, now accelerating as rapidly advances its nuclear program, helps
