Many iPhones stolen in the US and Europe end up in one building in China

Many iPhones stolen in places as far apart as London, LA, and London end up in a single building in China, where they are resold or stripped for parts. One victim whose iPhone 15 Pro was snatched from his hands in the street was able to track its 6,000-mile journey to the place many locals in Shenzhen, China, refer to as “the stolen iPhone building” … The Feiyang Times building is known as a place where you can get your iPhone repair or upgraded, but a Financial Times report says that it is also well-known as a marketplace for stolen devices. The fourth floor of the building has its own specialism: selling second hand iPhones from Europe and the US. Many of the phones sold here are legitimate trade-ins, returned by western consumers to network operators or phone shops when upgrading to the latest models. But the tower also sits at a location that Apple community message boards, social media commenters and victims of phone theft have identified as China’s “stolen iPhone building”. T ... Read full article.