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also began (Opens in a new window) selling a $249 flamethrower to capitalize on a similar product from Elon Musk. It isn’t the first time the company has faced scam allegations. To process orders, Escobar Inc.’s website now only accepts direct wire transfers from a person’s bank account or cryptocurrency deposits. Nevertheless, all three companies have cut off ties with Escobar Inc., likely due to complaints from consumers, who’ve been demanding refunds. We contacted all three payment providers, but none responded for comment. The company can then manipulate its payment providers such as Stripe, CCBill, and banking company Klarna, into thinking the orders were successfully delivered to customers, triggering them to release the money orders to Escobar Inc. to use the book deliveries as proof, claiming the phone orders were sent out. The book is also why many customers are convinced the whole business is a scam it allows Escobar Inc. The book as shown by an upset customer who created. Other buyers say they received nothing from Escobar Inc., save for a book that documents Roberto’s life, and his plan to take over the smartphone industry. However, the admin believes the company only made the deliveries as a "marketing ploy" to entice customers into placing an order. The admin, who declined to be named, said he only knows of four actual consumers who received the device from Escobar Inc., and posted evidence of the deliveries in YouTube videos (Opens in a new window) and photos. “They supposed that at least one in 10 would have received it, so they placed orders.” “A lot of purchasers behaved as gamblers,” said an admin of the Escobar Fold group on Facebook. Indeed, the chance of owning a Galaxy Fold for such a low price may have motivated many customers to ignore the scam warnings. “My main thoughts on it was one, it will make an interesting story and that if they send something it would make an interesting video.”
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“Well, there was always the possibility of getting it,” he said. He learned of the Escobar foldable phone from news articles, and placed an order despite the risks. Some of the same coverage pointed out the sketchy nature of the phone sales, but that did not deter everyone. “I personally did go into this knowing it's very unlikely that I would get the device,” said Peter, who asked that his last name be withheld. YouTube channel Unbox Therapy did a video on the device, which raked in more than 3.1 million views. And in return, the coverage attracted millions of views, translating into potential sales for Escobar Inc. In February, the company distributed several re-skinned Galaxy Fold units to a number of high-profile YouTubers. In a poll held by PCMag, over 70 members say they never received their orders from the company.īut that doesn’t mean no one received a phone from Escobar Inc. customers who regularly post updates on their phone orders, and their attempts to get refunds. To try and gauge how many customers may have been swindled, we took to Facebook, where there’s a group (Opens in a new window) of Escobar Inc. “I contacted them more than five times, but no more response from them.” “I believe I am SCAMMED,” wrote one reader named Isaac, who supplied a copy of his order receipt from Dec. was somehow offering it for only $349 when it’s normal retail price was $1,291. introduced its first handset product: a re-skinned foldable phone from Chinese vendor Royole. Some of the same customers have been waiting for their orders since December, when Escobar Inc. “I communicate with them, but they never reply to my query!” wrote one reader. March has now passed, and to this day PCMag receives occasional emails from upset customers, who say their order never arrived.
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Supply chain analysts also told PCMag it likely costs Samsung $650 to $675 to manufacture a single Galaxy Fold - which is significantly more than the $399 price Escobar Inc. Gustafsson said all this, despite evidence his business was a sham.
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“Our delivery partners have confirmed our access to easily over 200,000 units at an incredible per unit cost.” “There are huge, huge amounts of Fold 2 telephones available to us for purchase at a very low cost in Shenzhen, Mainland China,” CEO Olof Gustafsson told PCMag in February. The reason: The company claimed it was busy buying leftover Galaxy Fold units in China to sell to consumers at lower prices. The phone was supposed to arrive in March, according to Roberto’s company, Escobar Inc. The Escobar Fold 2, which is a Galaxy Fold covered in some gold foil.
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