IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

CEO charged with selling fake Cisco devices

The 38-year-old Onur Aksoy allegedly sold more than $100 million of counterfeit networking hardware

Close up Cisco logo on a UCS C240 M4 server in a data centre

A prominent chief executive officer (CEO) has been charged with conspiring to sell tens of thousands of counterfeit Cisco networking equipment to customers including healthcare and military organisations.

Onur Aksoy, also known as Ron, allegedly spearheaded the illicit ‘Pro Network’ operation with suppliers in China and Hong Kong between August 2013 to roughly April 2022. The 38-year-old Miami, Florida, resident has previously been the CEO of dozens of companies.

The operation, in total, generated approximately $100 million in gross revenue, according to court filings published last week.

During the period, Aksoy and others imported low-quality networking products and worked to make them appear like new and genuine high-quality Cisco equipment. His organisation resold those devices in the US and the rest of the world, falsely claiming these devices were brand new Cisco products. 

Pro Network’s supplies sent the products to Aksoy packaged with counterfeit Cisco labels, stickers, boxes, documentation, and packaging to make it appear these devices were genuine hardware units green-lit by Cisco. 

These products, however, suffered from numerous issues including performance and functionality problems, as well as safety issues. There were some reports of counterfeit products simply failing or malfunctioning, which caused “substantial damage” to users’ networks and operations. In some cases, it had cost users tens of thousands of dollars.

Related Resource

Businesses at work

An in-depth look into how organisations and people work today, and the apps & services they use to be productive

Whitepaper cover with title and green, mauve and navy blue tile graphicFree Download

An investigation showed that Pro Network would take evasive measures to avoid being found out by law enforcement. 

For example, the organisation would routinely break up large orders of counterfeit Cisco products into multiple smaller shipments, which were dispatched on different days, while shipping counterfeit products to undeliverable addresses. This changed the final shipping address to Pro Network’s headquarters only after they had been cleared by inspectors.

Bank records showed Aksoy wired at least $55 million to counterfeit supplier bank accounts to purchase the counterfeit equipment. They would then sell these products through various channels including Amazon, eBay, and direct sales. 

Featured Resources

The COO's pocket guide to enterprise-wide intelligent automation

Automating more cross-enterprise and expert work for a better value stream for customers

Free Download

Introducing IBM Security QRadar XDR

A comprehensive open solution in a crowded and confusing space

Free Download

2021 Gartner critical capabilities for data integration tools

How to identify the right tool in support of your data management solutions

Free Download

Unified endpoint management solutions 2021-22

Analysing the UEM landscape

Free Download

Most Popular

How to boot Windows 11 in Safe Mode
Microsoft Windows

How to boot Windows 11 in Safe Mode

29 Jul 2022
Samsung proposes 11 Texas semiconductor plants worth $191 billion

Samsung proposes 11 Texas semiconductor plants worth $191 billion

21 Jul 2022
Should you take your password manager off the internet?

Should you take your password manager off the internet?

28 Jul 2022