iPhones worth $19 million allegedly stolen in a massive identity theft scam

A NewYork-based fraud ring allegedly stole over $19 million worth iPhones by posing as cellphone subscribers to get new devices at min or no cost. It was a large-scale identity theft operation. 6 fraudsters, also known as Top Dogs, operated a Ponzi scheme in 34 states across the US, stole iPhones & sold them in the black market. They used fake ids, counterfeit debit cards to act as legitimate account holders iPhones from stores.