{"id":949532,"date":"2025-07-24T11:39:26","date_gmt":"2025-07-24T06:09:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=949532"},"modified":"2025-07-24T11:39:26","modified_gmt":"2025-07-24T06:09:26","slug":"the-escobar-fold-phones-were-a-scam-after-all","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/24\/the-escobar-fold-phones-were-a-scam-after-all\/","title":{"rendered":"The Escobar Fold phones were a scam after all"},"content":{"rendered":"<p>Remember those unbelievably cheap foldable phones branded with Pablo Escobar&#8217;s name? Turns out they were exactly what they looked like, too good to be true and a scam. Olof Kyros Gustafsson, the 32-year-old Swedish mastermind behind Escobar Inc., pleaded guilty to fraud and money laundering charges, finally putting an end to one of tech&#8217;s most brazen scams.<\/p>\n<p>Gustafsson convinced thousands of people to shell out $399 for the &#8220;Escobar Fold 2,&#8221; promising cutting-edge foldable technology at a fraction of Samsung&#8217;s $2,000 Galaxy Fold price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remember those unbelievably cheap foldable phones branded with Pablo Escobar&#8217;s name? Turns out they were exactly what they looked like, too good to be true and a scam. Olof Kyros Gustafsson, the 32-year-old Swedish mastermind behind Escobar Inc., pleaded guilty to fraud and money laundering charges, finally putting an end to one of tech&#8217;s most brazen scams. Gustafsson convinced thousands of people to shell out $399 for the &#8220;Escobar Fold 2,&#8221; promising cutting-edge foldable technology at a fraction of Samsung&#8217;s $2,000 Galaxy Fold price.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,88,11],"tags":[],"class_list":["post-949532","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/949532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=949532"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/949532\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=949532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=949532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=949532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}