So I found an iPhone 5 in the street this morning by my car. It was in an Otterbox case, and was in pretty good shape other then some dust on it. I turned it on, and got the message to call the number on the screen the phone was lost. I called the number, and it rang the phone (which did me or the owner no good). I contacted Apple to make sure I did everything I was suppose to. They told me to call the Police. I work on a University campus, so I called the University Police. They got my name and phone number down, and just a minute ago picked the phone up. The policeman ask me some questions, and at the end ask for my number. He said he hope he would find the owner by this afternoon, but if not he may have to file a report and call me to answer a few more questions. I was just seeing why they would need to file a report? The phone was lost not stole, and is now in the police's possession. What would they file a report of? Oh and the phone is using iOS 7, so hopefully they can just track it and fine it.