How to return an iphone 4s to its true owner, when you only have the IMEI id?

Hi so for my Christmas/birthday present my mom bought an iphone 4s off of one of her "friends" for $150, the friend was supposedly upgrading to an iphone 5.So after I myself sank 70 dollars into it buying another sim tray, case, screen protectors, and contracting with At&t I find out it is stolen and I can't use it. I want to return it to the owner, who most likely has received another phone, and maybe buy it legally off them for the 150 (which I haven't gotten back yet); but I only have the IMEI code, I don't want to give it in to apple who would just keep it themselves, or to the police just yet as I do want to try to get the phone off the owner, 200+ has been spent on it already. Any help, or ideas thanks.

Nothing much you can do to track down the owners with just an imei number. I suggest you take it to one of the dodgy phone guys to get the phone unlocked.

Apple will return it to the owner.always do.
if your looking to sell or trade for a new one, email me

So dude sold me a iphone 4s 16g and didn't realize it was stole i trusted the guy and he basically ripped me off. But yeah i don't know what to do with it.

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