mobile phone black market

Scam of the day – March 22, 2026 – Why iPhone Theft Is Exploding: The $30 Billion Black Market Threat and How to Protect Yourself

by Steven Weisman, Esq. | Mar 21, 2026 | Scam of the day

Theft of iPhones is a major problem. The black market for sale of stolen phones is valued at $30 billion dollars a year and iPhones are particularly targeted because of their high resale value which is as much as 60% of its retail value. If not properly protected,...

mobile phone black market

Scam of the day – March 22, 2026 – Why iPhone Theft Is Exploding: The $30 Billion Black Market Threat and How to Protect Yourself

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