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used verizon phone appear stolen

i bought a phone from craigslist and sold it to somebody on ebay.
now the buyer claims it is a stolen phone.
i didn't check it before i sold.
what should i do now?
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Hiroyuki Tamura
Asked:
Hiroyuki Tamura
2 Solutions
 
aleghartCommented:
Take the return.  Contact Verizon to verify status.  They can look up the IMEI or other serial number.
If it is reported lost or stolen, ask Verizon for return procedure.
You'll lose the money you paid to the previous seller.

Otherwise, you are in possession and distribution of stolen goods.
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nickg5Commented:
Verizon has a new policy. I used to get my new $200 free phone every two years with rebate and new contract, keep my old phone which I liked and sold the new one on Ebay. It does not work any more. My phone, which is the still the original is so old it can not be re-activated once de-activated. If I de-activated my old one, I'd be forced to use the nice camera phone still sitting here in the new box. I can't sell it. Now, if I did give up my antique and switched to the new one, then, I could, every two years, de-activate the old one, sell it, and activate the new one.

Your Craigslist phone could have been bought at a yard sale before sold to you and never de-activated by that person when they got a new one with a different carrier.

I've dealt with Ebay for over 1100 items, bought and sold. GIVE the buyer a refund and lesson learned. Phone companies are now preventing you from selling the new ones you get with a new contract extension.

You'll only be out what you paid for it on Craigslist. And that should not have been very much based on how cheap and free phones are today with plans.

If you were just buying and selling for a profit, try most any type item but phones. Even electronics and computers, clothes, DVD's, could be stolen but no way to trace it. Phones not so discreet.
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Hiroyuki TamuraAuthor Commented:
Thank you.
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