ESSENTIAL FORENSICS

‘Black market’ for stolen smartphones exposed by the BBC

Posted on | Posted in Blog

Stolen smart phones are currently being bought for cash by shop owners who are knowingly buying stolen goods. A BBC undercover investigation has identified numerous retailers in the East London area who will give cash for any phones regardless of where they came from. The phones are cleared of all their data and unlocked and then sold on and packaged up as a second hand legitimate phone.

The BBC undercover researcher approached illegal traders who are willing to buy any phones even when actually told they were stolen. The traders were more than willing to purchase the phones.

Read the full BBC article on the following link http://www.bbc.co.uk/news/uk-england-london-26979061

Essential Forensics were invited to the BBC studios in London last week to demonstrate how easy it is to clear a phone of its data, give it a new IMEI number, remove the find my iphone facility and restore the original settings.

Innocent customers are purchasing these smart phones at full market value fully believing that they are buying a legitimate phone. The scam highlighted in East London is obviously happening elsewhere in the country on a much larger scale. The public are urged be extra cautious and buy carefully from respectable sellers.

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