A New York teen with a cacoethes for electronics and serious initiative amaze hackneyed of waiting for blanched iPhone 4s . So he skipped Apple and ordered the necessary partsfrom Foxconn . Now he has $ 130,000 — and legal threats .
Seventeen year old Fei Lam , only a high school elder , tells the Observer that “ I love a guy from a few class back that had somewhat of a family relationship with family in Foxconn . ” This “ cat ” ( No — nothing umbrageous about this at all , no sir ) was capable to export the precise same components that go into Apple ’s licence phones straight to Queens , where Fei box them up andsold them onlineas conversion kit . canny ! And moneymaking — the gray market commercial enterprise has put over $ 130,000 in Fei ’s pocket since August — a sum he hopes will help him devote for a degree in reckoner skill or business at NYU .
At least , that was the program , until he received a threatening letter from a individual investigator , accusing the enterprising lad of “ trade steal good . ” Fei is n’t sure who the letter was station on behalf of ( though it should n’t be too hard to nail down it down ! ) , but worries he might confront the staggering six - figure amercement or imprisonment that face others convicted of selling “ stolen goods ” online .
But Fei ’s got gut , and is grabbing a lawyer instead of shutting down his site . Whether or not he makes it to NYU , it ’s cleared he ’s got a decent mo of business acumen already . [ The ObserverviaFast Company ]
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