How Stolen iPhones Travel From Western Streets to Chinese Markets

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MacRumors 1d ago

How Stolen iPhones Travel From Western Streets to Chinese Markets - MacRumors

Quick Summary:

According to the report, the criminal network thrives on Hong Kong's status as a free trade port with no import taxes, allowing traders to move stolen devices into mainland China while avoiding electronics tariffs.

When London tech entrepreneur Sam Amrani had his iPhone 15 Pro snatched by two men on electric bicycles, he tracked its journey via Find My to a repair shop in London, then to Hong Kong, before it finally settled in Huaqiangbei.

Many theft victims receive messages from individuals in Shenzhen (when put into Lost Mode, a contact number for anybody finding the iPhone can be added) either cajoling or threatening them to remove their devices from Find My iPhone, which would substantially increase the device's resale value.