Stolen Belgian iPhones Traced to Russian Black Market

Remember that $3M iPhone 3GS heist in Belgium last month? Burglars nabbed 3,000-4,000 handsets. Now, according to blogs uncovered by Cult of Mac, they're being offloaded in Russia (where the 3GS isn't available) in batches of 100—cash only.

Problem is, Interpol has a list of the phone's International Mobile Equipment Identifier (IMEI), which carriers can use to block the devices. We had already warned against grabbing an iPhone in a Belgian back alley…you can add Russia to that list. (I much prefer back alleys in the Netherlands, anyway). [Cult of Mac via PC World]