India, July 23 -- Around half a decade ago, the tech world was taken by surprise when high-end, gold-plated foldable phones burst onto the scene, at an outrageously low price tag. The devices that made headlines were none other than Escobar Inc.'s Escobar Fold 1 and Fold 2.

These devices made major headlines but ultimately turned out to be a scam. The devices were simply rebranded models from other manufacturers: the Escobar Fold 1 was a Royole FlexPai, while the Escobar Fold 2 was a Samsung Galaxy Fold. With prices of just $349 for the Fold 1 and $399 for the Fold 2, the offer was too good to be true, as it would have been impossible to sell the phones so cheaply.

The Escobar Fold 2 famously appeared in a video by the popular YouTuber ...