Inside the Stolen Smartphone Black Market In London

[wraggster]

First time accepted submitter WebAgeCaveman (3615807) (http://slashdot.org/~WebAgeCaveman) writes in with news about just how big the stolen smartphone black market (http://www.bbc.co.uk/news/uk-england-london-26979061) is."A black market of shops and traders willing to deal in stolen smartphones has been exposed by a BBC London undercover investigation. Intelligence was received that some shops across a swathe of east London were happy to buy phones from thieves. Two traders were filmed buying Samsung S3 and iPhone 4 devices from a researcher posing as a thief - despite him making it clear they were stolen. The shops involved have declined to comment.

http://mobile.slashdot.org/story/14/04/14/1656231/inside-the-stolen-smartphone-black-market-in-london