Yeah confessing to trafficking in stolen goods, conspiracy and fraud would really help his case. Thats much better. That way he would have three felonies and a cushy life long stay in the CA penal system due to their three stikes laws. He better get a lawyer thats a lot smarter than you.
Of course, if such a sale took place, they would not be stolen goods, and there would be no fraud. It would simply be the suggestion that Apple might pay a large reward for the phone.
Which action in there is the fraud ? Which is the trafficking in stolen goods ? Conspiracy, yes, but it is not a crime. Conspiracy to commit a crime, is a crime, but this most definitely is not. It then ends up diverting attention to the halfwit Apple engineer being the criminal.
All just a suggestion of what he might say.
Some still fail to understand some basic points:
The most important point of all, which seems to have slipped the "guilty" rants, even more suprisingly by those that "claim" to be legally qualified - a person is innocent until proven guilty. You're not discussing evidence, you're preaching that a crime HAS been commited. I've never seen you use the term "allegedly" once.
The finder is under no obligation to hand the phone to the police, unless he believes it to be evidence in a crime. He makes attempts to return it to Apple, and then sells it. Oops, he's broken the California Civil code. He's not going to go to prison for that.
He doesn't know it's a real iPhone 4G, no-one outside Apple does. None of us here did either, at that time (last month), and we scan the rumours news for any leak we can find of upcoming phones, macbook pros and mac pros. It's all merely suggestion.
Even more compelling, as this is a criminal case, they have to prove to 12 individuals that he is guilty. Pick a random 12 posters here, do you think they'll convict ?
I can see his defence being paid by HTC / Google, who may go with the suggestion that it was a planned leak. Of course back in the real world, if an employee "lost" a prototype product in such a highly competitive market, he'd be sacked, and so would his manager for letting such a muppet have the phone. The defence only have to suggest this, to provide reasonable doubt - "Why is this guy still in his job ?"