Stolen smartphones selling for up to £1,000
Police and industry sources have admitted that the international element of the crime, and sophistication of the criminal groups involved, has made it incredibly difficult to counter, according to The Times.
The gangs pass the phones to handlers who export them in bulk. One increasingly popular trade route, police said, has phones travelling through Eastern Europe for renovation, then to the Indian subcontinent, Algeria and Nigeria, where the newest smartphones are in shortest supply but the newly wealthy most want the gadgets.
Read more at: http://www.telegraph.co.uk/technology/mobile-phones/9849471/Stolen-smartphones-selling-for-up-to-1000.html