Bought stole item of Craigslist

I bought an iPhone 4 off Craigslist and I brought it to the phone store they said It was reported lost or stole. I have the guys phone number what should I do?

I would call the police and inform them, that way the phone will not be traced back to you.

You are in possession of stolen goods. The phone store said so. It's illegal to be in possession of stolen goods. If you are caught with it, the police are not going to care who you bought it from. Best bet is to turn it in to the police and give them the information about the seller.

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