Huffington Magazine Issue 41 | Page 45

FLICKR/GSBROWN99 APPLE PICKING AT&T, Verizon Wireless, Sprint and T-Mobile agreed to join forces and share a list of serial numbers linked to stolen phones. Once the policy goes into effect by the end of this year, a phone reported stolen will no longer work on any major U.S. wireless network. “With the press of a button, carriers will be able to disable phones and turn highly prized stolen property into worthless chunks of plastic,” New York Police Commissioner Ray Kelly said when the stolen phone blacklist was announced last year. But in the meantime, phone thefts have not stopped. If anything, they have become more brazen. Last month, masked men robbed an AT&T store in Hamilton, N.J., at gunpoint and made off with $15,000 worth of new iPhones, the latest in a string of recent armed robberies at smartphone retailers. And thieves are finding new ways to get paid. Lanier said some filched phones have been dropped in recycling machines manufactured by a company called ecoATM. Customers who recycle old phones in ecoATM’s machines — which resemble bank ATMs — receive as much as $300 for each HUFFINGTON 03.24.13 one, depending on their value on the global market. Ryan Kuder, a spokesman for ecoATM, said the company has installed more than 300 recycling machines at shopping malls in 23 states, including several outside New York City and Washington, D.C., and collected “hundreds of thousands” of used phones last year. About 60 percent were re- EcoATM machines dispense cash for old phones, and are a frequent dropoff point for stolen phones.