articleThe Brief Olof Kyros Gustafsson, CEO of Escobar Inc., was sentenced to 48 months in U.S. federal prison for a multi-million dollar product scam using Pablo Escobar’s brand. Gustafsson sold non-existent goods—including gold-wrapped phones and flamethrowers—to customers, while sending buyers fake certificates of ownership to deny refund requests and laundering proceeds globally. The CEO of Escobar Inc., has been sentenced to 48 months in federal prison for operating an international fraud scheme. Using the likeness of late Colombian drug lord Pablo Escobar, Gustafsson marketed non-existent consumer goods, tricking buyers and payment processors out of millions, according to officials. As the CEO of Puerto Rico-registered Escobar Inc., Gustafsson held successor-in-interest rights to the persona of Pablo Escobar, the late head of the Medellín Cartel.