π± Stolen phones fuel a massive shadow economy
When smartphones are snatched in crowded areas, the thieves are just the entry point to a complex shadow economy. This activity feeds a multi-crore supply chain dedicated to profiting from stolen hardware. Organized syndicates handle the phones, treating them as raw inventory for profit. This system allows the real money to flow to higher levels of criminal networks. The entire process shows how petty theft connects to large-scale illicit trade. π±