So I let my friend use my iPhone today, he put it on top of his locker, when he turned around it was gone. I've contacted the police, Verizon, going to talk to Apple support real soon; my friends, parents, teachers, all know. I have Find My iPhone, but I turned off Service Location to save battery. I did have a passcode set and Verizon already has already cut the service for my iphone. Thing is I still have to pay $30 for 20 months because I have a dataplan 2 year contract. Thats $720 and my iPhone costs $300, case costs $30. Thats $1050. Should I make the guy that lost my phone pay for something or would that be messed up? Also can the person why stole my iphone be able to restore it from his PC? Even when I have a passcode?