Where did the Russian Black Market, get 4000 stolen iPhones 3GS? If you guessed from that from that Belgium iPhone warehouse theft, you would be 100% correct.
Russia currently does not sell the iPhone 3GS and the importing of unlocked phones is a hot commodity. Cult of Mac is reporting that the stolen goods are being sold for cash on the Russian Black Market in lots of 100 at below average prices to cell phone vendors.
Some vendors are a little skeptical about purchasing the devices since they know where they came from and know that they can be tracked via IMEI numbers that are all on file. Even so, there are some vendors out there who are not aware and are eager to snatch up a good deal and make a profit. Again, the problem with a vendor selling these phones is if law enforcement forces the local carriers to block the IMEI numbers they will have many customers returning very unhappy.
Our advice to you if you live in Russia, avoid these phones.
[Via Cult of Mac]
This is a story by the iPhone Blog. This feed is sponsored by The iPhone Blog Store.
Stolen Belgium iPhone 3GS Show Up in Russian Black Market