High Tech Hold-Up: Man Accused of Holding Lost Cell Phone for Ransom

October 18, 2011 Updated Oct 18, 2011 at 7:39 PM EDT

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High Tech Hold-Up: Man Accused of Holding Lost Cell Phone for Ransom

October 18, 2011 Updated Oct 18, 2011 at 7:39 PM EDT

According to Florida television station WBBH, a 28-year-old Florida man was arrested this week after allegedly finding a lost cell phone and holding it for a $300 ransom.

According to the report, the suspect allegedly sent text messages to the phone of the girlfriend of the man who lost the phone, demanding money for its return.The man has been charged with dealing in stolen property and grand theft over $300 and under $5,000, according to WBBH.

Read the WBBH story HERE.