If a Verizon phone is reported stolen, and brought in to Verizon attempting to get it reactivated by said thief (or individual who had bought it from the thief), the company will simply tell them the phone is stolen and return it to the person who brought it in. As or today (Jan 23) the cheapest phone they sell is $190; the company is nation wide and this happens numerous times a day every day.
Is there not some law requiring them to confiscate or at least report this? As I am aware there is a law requiring pawn shops to take action in similar circumstances, does it legally apply here as well? if not is there any laws in relation to them handling stolen property and failing to take any action?