If you’ve ever hit Craigslist or eBay looking for an iPhone, you’re probably used to seeing ads for new, unlocked iPhones from mystery dealers. You might see less of them for the time being, though: London detectives have arrested nine members of an international iPhone resale ring.
The suspects in question are alleged to have taken advantage of the UK’s extremely subsidized iPhone rates to purchase thousands of new handsets through a middleman boasting a fraudulent credit card or identity. They would then sell those iPhones internationally for a healthy profit, sticking local British iPhone carriers with the tab.
That’s not all: the same criminals stole over £1.2 million in July from wireless carrier O2 by hooking up SIM cards to automated dialers to call premium phone lines in their control which charged ten pounds a minute. They then simply abandoned the contracts by disappearing without a trace.
It was that latter crime that actually prompted the City of London detectives’ month-long investigation, which ultimately netted them nine collars. At one home, they also confiscated over £15,000-worth of iPhones still in their boxes.
[via Apple Insider]
