If I buy a Verizon iPhone 5 and its stolen. And I put my SIM card in will it work?

I'm not sure if its stolen or not it just spent come with a box or charger and its pretty cheap price, if I put a AT&T nano sim in it will it work? Can it be jailbroken or unlocked?

If it doesn't have a simlock it should work and you should be able to Jailbreak it if you want either way.