R
Roy Aguilera
Under a California law dating back to 1872, any person who finds lost property and knows who the owner is likely to be but "appropriates such property to his own use" is guilty of theft. If the value of the property exceeds $400, more serious charges of grand theft can be filed. In addition, a second state law says that any person who knowingly receives property that has been obtained illegally can be imprisoned for up to one year.
Lost iPhone prototype spurs police probe | Apple - CNET News
All right there.
Its pretty cut and dry. They knew they purchased something that wasn't that guys to sell. That guy should also be thrown in jail for theft. He out and out stole it, and Gizmodo bought stolen goods.
Let alone all the trade secrets that got bought and sold.
Thanks. Had no idea how or when they got it. Thought they found it in the subway/train or something.