Colombian Cartels' New Narcotic is Stolen Smartphone

The international stolen phone market is approximately $30 billion per year, and there’s a huge funnel for the lucrative devices straight to Colombia. As reported by the Huffington Post, the illegal smartphone operation is just as dangerous, profitable, and illegal as its cocaine counterpart. Sometimes, they are even smuggled together.

Colombia’s stolen phone problem is so bad, the government has gone as far as making this bloody video to demonize the purchase of stolen phones.

Colombian officials are finding stolen phones imported from as far away as Spain and Singapore.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in