Fei Lam has friends in high places. The high school senior from Queens was able to get his hands on enough white iPhone parts from Foxconn, Apple's primary manufacturer in China, to make more than $130,000 through his site whiteiphone4now.com. Lam is continuing to operate the site even after receiving a letter from a private investigation firm that accuses him of selling stolen goods. For $279, you can buy the full conversion kit, which includes a white back panel, a white front panel and a white button.
Lam believes the letter he received is an empty threat and simply an attempt to scare him out of business. The teen intends to continue selling the kits, but he's still planning on getting a lawyer -- just in case. (The legal repercussions for selling stolen goods can be quite harsh, as one might imagine.) The New York Observer points out that a Kansan woman convicted of selling stolen goods on eBay earlier this year is currently facing $250,000 in fines and up to five years in jail. So Lam had better be careful, or he'll lose that precious tuition fund, and might end up being the oldest incoming freshman after he's finally able to enroll in 2016.
Read the full story at Switched.