[BenLurkin]

This guy paid $60,0000 cash?

If nothing else it would be a clever idea to launder the money. Buy phones and re-sell them for "clean" cash.

[Casloy]

If nothing else it would be a clever idea to launder the money.

I think the more likely scenario is that he comes from a country in which cell phones are expensive. If the phone is GSM capable such as T-Mobile phones he can buy 60K worth of phones, take them back to whatever country he is from and sell them on the open market for 2 to 3 times what he paid. While this needs to be investigated my guess is it's about money and not about terrorism.