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Selling what they can for parts, as well as places like eBay. And for those victims who didn’t secure their phone, the crooks get lucky.

Basically this. Selling stolen iPhones is becoming nearly impossible in some aspects today, but for parts, that easily can generate a small profit, because you always have those who are looking for specific iPhone parts. And why not use a safer alternative when you’re stealing a phone, to dissect it and sell the parts to a large mass audience online, where this is quite a demand.

And of course, some of these stolen phones are being shipped overseas as well versus being sold locally.
 
About a week after my 256gb 7+ was stolen it phoned home from Albania (I’m just outside Baltimore). iCloud locked, find my phone enabled, fingerprint, changed all my passwords, etc etc. Don't think any of that stuff was ever circumvented but I did experience a massive amount of phishing and social engineering attempts on my iCloud account to get the password.
 
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About a week after my 256gb 7+ was stolen it phoned home from Albania (I’m just outside Baltimore). iCloud locked, find my phone enabled, fingerprint, changed all my passwords, etc etc. Don't think any of that stuff was ever circumvented but I did experience a massive amount of phishing and social engineering attempts on my iCloud account to get the password.
How did they know what your iCloud account was?
 
Which brings up an interesting question: what ARE the proper steps to take when one's phone is stolen? And if it involves signing into iCloud or whatever to disable the phone (which I wouldn't know how to do) would you have to wait to get to your computer? Honest question. Sorry if it is basic.
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One problem the young lady had was that T-Mobile needed proof of her identity to record her phone as stolen. They usually do that by sending a code to the email address associated with your account. We tried that, but she couldn't get the code from her gmail account (using my phone) because she had 2FA set up for gmail, and Google sent the code to her stolen phone. Oops! Luckily, T-Mobile understood the dilemma and asked her security questions from her other account information to verify her identity. The T-Mobile rep stayed on the phone with us for web over 30 minutes. I was impressed with their helpfulness.

Since I use 1Password and don't know all of my long random-text passwords by heart, I'd have even more trouble without my phone. I couldn't use a borrowed phone. As things stand, I'd have to get to one of my Macs to look up my password for almost any account. I now think that I need to change to an iCloud password that I memorize, rather than letting 1Password do all the work. Or I just need to carry two Apple devices at all times.
When you say your iCloud password, do you mean your Apple ID password?
 
I do wish there was a feature that requires Face ID, Touch ID or passcode to turn the phone off. That way you could keep tracking a stolen phone for longer in case they just turn it off.

I didn’t read the whole thread so sorry if this was mentioned.
 
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Which brings up an interesting question: what ARE the proper steps to take when one's phone is stolen? And if it involves signing into iCloud or whatever to disable the phone (which I wouldn't know how to do) would you have to wait to get to your computer? Honest question. Sorry if it is basic.

https://support.apple.com/en-us/HT201472

This link will walk you through it. Just go to https://icloud.com/find and login with your iCloud account and lock it down. You can do this from somebody else's computer and you do not need to enter the two-factor ID to get in.
 
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Since Apple charges $600 for a screen replacement these days, a stolen iPhone is worth at least $300 - and you can still use the other stuff (battery, camera, etc.). That's useful exactly in places like Albania.
 
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About a week after my 256gb 7+ was stolen it phoned home from Albania (I’m just outside Baltimore). iCloud locked, find my phone enabled, fingerprint, changed all my passwords, etc etc. Don't think any of that stuff was ever circumvented but I did experience a massive amount of phishing and social engineering attempts on my iCloud account to get the password.

Just a wild guess, and you certainly wouldn’t be the first, I suspect that your password is likely the same password that you use for other accounts. It’s usually the first red flag when someone is able to access certain accounts, in your case, someone clearly knew your iCloud password or had access to it before your iPhone even was even stolen.
 
Just a wild guess, and you certainly wouldn’t be the first, I suspect that your password is likely the same password that you use for other accounts. It’s usually the first red flag when someone is able to access certain accounts, in your case, someone clearly knew your iCloud password or had access to it before your iPhone even was even stolen.

What he was saying is true, you’ll will get phishing and social engineering attempts to gain iCloud password to remove the device from FMI. I experienced this first hand as well. If the thief knows the iCloud password, he would’ve removed it and activate the stolen device. However, the owner would receive a two-factor prompt (if enabled) if the thief knows the right password. There are services to find iCloud email linked to any iPhone via serial or IMEI through unlock third-party services.
 
What he was saying is true, you’ll will get phishing and social engineering attempts to gain iCloud password to remove the device from FMI. I experienced this first hand as well. If the thief knows the iCloud password, he would’ve removed it and activate the stolen device. However, the owner would receive a two-factor prompt (if enabled) if the thief knows the right password. There are services to find iCloud email linked to any iPhone via serial or IMEI through unlock third-party services.

Sure. As I mentioned, the OP’s password was already known either prior to or somewhere where the iPhone was stolen. But my point being, never use the same password for multiple accounts, it just leaves the doors open for infiltration of someone’s privacy/info. [FTR, I’m not saying the OP was using the same password, but this has happened multiple times in the past with other threads where this was the exact same case.]
 
On Saturday I helped a victim of a grab-and-run iPhone theft. The victim was a lady who had been holding her phone out in front of her while riding public transportation, and didn't see someone come up from behind her to grab the phone just as the train doors opened at a station. The perpetrators were a group of high school students who, according to the police I talked to at the scene, have been stealing phones like this on a regular basis.

I helped the victim call T-Mobile and use iCloud to disable her phone while the police were on the way. When they arrived, she gave them a description and the police found the criminals still nearby in the neighborhood. The police said the teens weren't used to getting off at this train stop and didn't know their way around, leaving them unable to vanish as they might do in their own neighborhood. At least one of the students was led away in handcuffs and the police recovered the phone and returned it to the victim. From theft to recovery took about 90 minutes. I think the victim was unusually lucky to get her phone back.

Given Apple's iPhone security features, I know that it's not easy to use a stolen phone. Perhaps professional adult thieves ship phones to other countries, have sophisticated equipment to try to access the phone contents, or know how to salvage parts from a stolen phone. But it's hard for me to image that opportunistic high schoolers are doing these things, especially when they aren't smart enough to execute a successful getaway.

So what ARE they likely doing with the stolen phones? Selling them to unscrupulous repair shops? Selling them online to people who don't realize that they're getting a non-functional phone? I'm just plain puzzled why they'd steal a phone rather than grabbing the victim's purse for the cash that's likely in it.

They just sell it to another person that is unaware of the Activation Lock. Which is why there are so many threads on the internet of someone stating "I bought an iPhone and it's activation locked how to get past it i bought it..."

Also sometimes thiefs get hold of an iPhone and it hasn't been wiped yet and when they get hold of a phone number or mail address related to the phone they send the owner a message pretending to be Apple Support and they list an iPhone they found with the right model and color and they link a website in the text that looks like an Apple webpage where you would enter your Apple ID. So people think Apple reached out to them and they help them to get their phone back. Some people actually believe it and once the thiefs have your Apple ID they will log onto iCloud to disable Find my iPhone and so they get past Activation Lock and can then wipe the phone to sell it or just to use it for themselves. Many are actually foolish enough to think it's actually Apple...
 
I do wish there was a feature that requires Face ID, Touch ID or passcode to turn the phone off. That way you could keep tracking a stolen phone for longer in case they just turn it off.

I didn’t read the whole thread so sorry if this was mentioned.

this is a feature that I miss coming from Samsung devices.
 
Never understood why the Apple Watch never had the “Find My iPhone.” Thought for sure the new “Find My” app would’ve made its way to the Apple Watch but still nothing. Would be great to be able to locate or at the very least, be able wipe your iPhone directly from your wrist. Not always will there be bystanders around willing to help and not everyone carries around a MacBook or iPad everywhere they go.
 
iPhone theft is, apparently, also very wide-spread on the streets of London, according to my friends living there. What if thieves just put a stolen iPhone in a DFU mode and restore it as new? Obviously, they will lose all the data on it in the process, but do they really care? Will this work?
 
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