The Presidential Daily Brief

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    NYC Theft Ring Exploited Cheap Phone Deals

    They were a steal at that price. A con ring in New York City allegedly pilfered more than $19 million worth of iPhones from 34 states. Over seven years, scammers posed as phone account holders, using fake IDs of legitimate customers, to get new devices for free or at low costs. Police say the fraudsters then proceeded to sell the phones to make a fortune.

    Where are they now? Six suspected ringleaders are awaiting trial after a suspicious shipping service employee approached authorities, leading to the crew’s apprehension on felony charges of mail fraud, conspiracy, and identity theft.

    Read this OZY look into face hacking.

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