After his release, he set up a tour of one of his brother’s homes as a business and once claimed that he discovered a breakthrough in finding a cure for AIDS. The Escobar Fold 2 looks a lot like Samsung's Galaxy Fold. The Escobar Fold 2, which is a Galaxy Fold covered in some gold foil. Latest bendy phone effort from coke empire spinoff Escobar Inc is a tinfoil-plated Samsung Galaxy Fold 'scam' No, really, don't try to get the real-deal $1,980 version for $350 Yes, there’s the kingpin connection. [31], Colombian multinational conglomerate holding company, "Pablo Escobar's brother is trying to sell refurbished iPhone 11 Pros for $499", "Pablo Escobar's Brother May Be Scamming Users With Foldable Phones", "10 facts reveal the absurdity of Pablo Escobar's wealth", "Colombian drug cartel leaders surrender", "Real-Life Drug Kingpin Wants Netflix to Pay Him $1 Billion for 'Narcos, "Pablo Escobar's brother says 'Narcos' should 'provide hit men' for crew after location scout killed", "Pablo Escobar's brother abandons his battle with Netflix over Narcos", "The Daily 202: Is Trump a choke artist? we are only a phone call away. 1301 Wilson Ct. Called Escobar Fold 2, a tear down shows it is a Galaxy Fold wrapped in tinfoil. The foldable phone sold by Escobar Inc. also made similar claims, but reviewers who got access to the device testified that the gold-plating was a con job, attained by sticking a gold-tinted aluminium foil. Factset: FactSet Research Systems Inc.2018. Email resume: f.escobar@escobarlogistics.com Phone: 1 (510) 822-5955 Fax: (510) 526-4195 Address: 9701 WALNUT ST OAKLAND CA 94606 [1][2] It was established on May 1, 1984[3][4] by Pablo Escobar, a day after the assassination of the Colombian Minister of Justice Rodrigo Lara Bonilla[5][6] as a means of funneling large sums of cash outside of Colombia with the help of his brother, Roberto de Jesús Escobar Gaviria. AREAS WE SERVE. Roberto Escobar, 71, is releasing a foldable phone through his investment company, Escobar Inc. It’s called the Escobar Fold 1, and it’s named after his brother. Escobar Inc. says the initial production of its second foldable phone, which it calls “the real Samsung killer,” is limited to 200,000 units. The phones are assembled in Hong Kong via Escobar Inc.'s subsidiary, Pablo Phone Ltd. Escobar INC Phone scam: Escobar INC is scamming customers by selling Galaxy Fold lookalike at fraction of the price.. Escobar Inc established in 1984 is the official holding company for Pablo Escobar, founded in 1984 by his brother Roberto Escobar in Medellín, Colombia according to their website. Jeremy Moorhead / CNN, An online movement has these Trump supporters convinced the election was stolen. [14] Roberto Escobar denied any involvement and offered to provide hitmen as security for Netflix. Escobar Inc, the company founded by the brother of late Colombian pharmaceutical executive, Pablo Escobar, has announced it’s getting into the handset business. This corporation is tied to an alleged scam involving selling refurbished smartphones with Escobar Inc branding and subsequently sending bogus product orders consisting of a book, allowing Escobar Inc to claim the phone had been delivered. The venture into the phone hardware sector came as a surprise to many. [23] The prior owner demanded $3 million for the domain name[24] and on October 7, 2019, the case was ruled in the favor of the company with the domain name ordered to be transferred to the company. - The drivers, organized by the Mobile Workers Alliance and Rideshare Drivers United unions, say Uber and Lyft's are pushing a "deceptive" November ballot initiative, which, if passed, they claim would "rewrite labor law" and turn app-based drivers into independent contractors, exempting companies such as Lyft and Uber from standard wage and hour restrictions. CNN Sans ™ & © 2016 Cable News Network. “The only true way to break our phone is to burn it, which I would imagine an average user would not do.”. Please click the button below to agree to our Terms and Conditions and acknowledge our Privacy Policy. Updated Escobar Inc Last year a company inspired by late Colombian drug kingpin Pablo Escobar revealed a foldable phone that was meant to … There were, at the time, quite a bit of them. Escobar was shot and killed in December 2 in his hometown of Medellín while a fugitive from Colombian authorities. [10] The company and its activities were stopped when Roberto Escobar surrendered to authorities on October 8, 1992. SERVICES. [18] After raising $10 million in 10 hours, the page was removed.[19]. The phone was supposed to arrive in March, according to Roberto’s company, Escobar Inc. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Since 2005 - Escobar Trading Inc; Address: 10261 SW 92 Terrace - Miami FL. Escobar Inc is a Colombian multinational conglomerate holding company headquartered in Medellín, Colombia. Escobar Logistic, Inc is a transportation company in Oakland, California operated by the most knowledgeable drivers on the road. On August 28, 2019, Escobar Inc filed a UDRP complaint regarding cybersquatting of the domain PabloEscobar.com with the then-National Arbitration Forum. (Photo by Robyn Beck/AFP/Getty Images), PHOTO: Now, half-blind and half-deaf from a letter bomb that went off close to his face in prison in 1993, Roberto has dreams of becoming a smartphone maker by following in the footsteps of Samsung with its Galaxy Fold. A Warner Media Company. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Escobar Inc. was founded with the primary business purpose is of maintaining control of Pablo's image and life story. Prices start at $349. This undoubtedly an ambitious goal from a company that is yet to make its mark in the phone industry. Verification email has been resent. Roberto Escobar, brother of former narcotics kingpin Pablo Escobar, runs the investment firm Escobar Inc. PHOTO: ", "Please Stop Buying the Foldable Phone From Pablo Escobar's Brother", https://en.wikipedia.org/w/index.php?title=Escobar_Inc&oldid=994507937, Conglomerate companies established in 1984, Multinational companies headquartered in Colombia, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License, This page was last edited on 16 December 2020, at 02:11. Escobar Inc, the company founded by the brother of drug lord Pablo Escobar, has launched its second foldable phone, this time drawing a lot of inspiration from the Samsung Galaxy Fold. [11], The company was formed into a legal corporation on April 20, 2015 in Puerto Rico[12], On July 1, 2016, Escobar Inc sent a letter to Netflix, Inc. regarding the series Narcos demanding $1 billion in payment for unauthorized usage of content. And that is what is happening now.”. Escobar Inc is a Colombian multinational conglomerate holding company headquartered in Medellín, Colombia. All times are ET. [15] Escobar Inc, on November 6, 2017, abandoned the dispute. In July 2019, Escobar Inc started selling a propane torch made to look like a flamethrower and accused The Boring Company CEO Elon Musk of intellectual property theft, alleging that The Boring Company's promotional Not-a-Flamethrower is based on a design that Roberto Escobar discussed in 2017 with an engineer associated with Musk. Getty Images/SNL/YouTube/CNN. For a price Estimation. American actor and tech investor Ashton Kutcher speaks to CNN about his urging of EU policymakers to grant tech giants like Facebook and Google a reprieve from new privacy rules that would prohibit them from using automatic detection tools to combat child pornography. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Escobar Inc. CEO Olof Gustafsson told CNN that the screen is made of a proprietary plastic that “makes it almost unbreakable,” claiming that it is the “most durable telephone screen on the market.”. On January 8, 2019, Gustafsson launched a $50 million GoFundMe fundraiser under his name on behalf of Escobar Inc in an effort to impeach President Trump. Here's why, See Walmart's self-driving delivery trucks in action, This robotaxi from Amazon's Zoox has no reverse function, Airbnb CEO Brian Chesky speaks onstage during "Introducing Trips" Reveal at Airbnb Open LA on November 17, 2016 in Los Angeles, California. CONTACT. The Escobar Fold 2 is a foldable phone being sold by Pablo Escobar’s brother. Robyn Beck/AFP/Getty Images, Here's how Prop 22 could transform the gig economy, Watch astronauts arrive at International Space Station, smart tech overfishing spc intl_00015623.jpg, See Apple's new Macbooks with the M1 chip, Watch: People travel in Virgin Hyperloop for the first time, PHOTO: LOCATION. We guarantee a detailed, competitive estimate in under 24 hours! Pablo Escobar’s brother is suing Europe’s most valuable fintech Klarna, valued at $10.6bn, for withholding Escobar Inc’s foldable phone funds sold on Klarna’s platform. Currently responsible for managing the assets of the Escobar family, including but not limited to the intellectual property rights and licensing of same. [16], On April 11, 2016, prior to the 2016 United States presidential election, it was reported by The Washington Post, with the help of Zignal Labs, that Escobar Inc CEO Olof K. Gustafsson had helped Republican candidate Donald J. Trump obtain social media followers[17] resulting in Trump's social media presence spiking. ... Escobar Inc is still accepting orders for the Escobar Fold 2 which is retailing on the website at $399. Notorious drug lord Pablo Escobar's biological brother Roberto De Jesus Escobar Gaviria has officially launched a new foldable smartphone named Escobar Fold 1.It is a phone that looks like the Samsung Galaxy Fold but Escobar is targetting Apple with his company, Escobar Inc., and products. Most stock quote data provided by BATS. Roberto Escobar, the late Pablo Escobar's brother, unveiled a foldable phone that claims to be a 'Samsung killer'. Roberto Escobar has dreams of beating Apple Inc. with his new $349 foldable phone. 33176 USA Phone: +1 7863997280 [8][9], Originally established on May 1, 1984[3][4] by Pablo Emilio Escobar Gaviria, the day after Colombian Minister of Justice Rodrigo Lara Bonilla's assassination,[5][6] the company was used as a means of funneling large sums of cash outside of Colombia with the help of his brother Roberto de Jesús Escobar Gaviria. Book Online. The company was formed by Roberto Escobar in 1984 as a holding company for “assets and value protection” for the Escobar brothers, according to its website. [20] Via media, Escobar Inc publicly offered Musk a settlement of $100 million[21] in cash or Tesla shares; otherwise they would use the legal system to take over Tesla. Continuing unforced errors bode poorly for his hopes in a contested Republican convention", "Pablo Escobar's brother launched $50M GoFundMe to impeach Donald Trump", "Pablo Escobar's Brother Reportedly Raised $10 Million for His Impeach Trump GoFundMe Page", "Pablo Escobar's Brother Wants $100M Tesla Shares, Claims Musk Stole Flamethrower Design", "Pablo Escobar's brother pours fuel on the flamethrower feud with Elon Musk", "Pablo Escobar's brother escalates flamethrower feud with Elon Musk, threatens Tesla takeover", "Pablo Escobar's brother wins $3M website lawsuit, vows to take down Elon Musk and Apple", "Pablo Escobar's Brother Threatens Apple, Accuses Elon Musk Of Stealing Flamethrower Idea", "PabloEscobar.com, la revancha digital del capo colombiano", "Pablo Escobar's Brother Unveils Folding Smartphone with Help of Hot Models", "Escobar Fold 1 snort all it's cracked up to be: Readers finger similarity to slated Chinese mobe", "The $399 Escobar Fold is actually a Samsung Galaxy Fold with a sticker", "The Truth About the Escobar Folding Phones!