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> which were likely a tiny fraction of his proceeds The losses probably substantially exceed his proceeds because these unlocking services enable all kinds of
by from 4y ago
> which were likely a tiny fraction of his proceeds
The losses probably substantially exceed his proceeds because these unlocking services enable all kinds of other fraud. If he charges $50 to unlock a $1000 phone that someone got on credit and will never pay for and that will be exported to China where it can now be freely used thanks to the unlock, then what is T-Mobile's loss amount - $50 or $1000?
- thwayunion 4y ago>>> and there wasn't eg sim-swapping or id theft involved.
- from 4y agoThere isn't always ID theft involved though, it's often just a small scale "bust out" where a person needs $300 and is willing to ruin their credit to get it.