If you can't beat them, you join them and become like them. This strategy is now being used by the San Francisco police. Undercover cops are now selling stolen iPhones in order to kill the elusive market.
In a move to combat the growing problem of phone thefts in San Francisco, a special group of policemen are going undercover, dressing as thieves and selling iPhones that are presumably stolen at insanely low prices. The main goal of the three-year old-operation is to kill the black market. San Francisco isn't the first state to implemet the ploy. New York and Washington already has a special task force in place for this ordeal.
"If they steal the phone but can't sell it, there's no market," says San Francisco Police Captain, Joe Garrity. "We're cutting the head off the snake." According to police, stolen phones are usually sold overseas. Places like Hong Kong and Rio de Janeiro are among the markets, Police added. In a survey conducted by Lookout, a mobile security firm that creates mobile anti-virus software and other safety systems for mobile platforms, it is estimated that the overall value of stolen phones in the U.S. alone is around $30 billion a year.