Smartphone scammers beweare. Verizon raising smartphone ETF’s to $350?

**Update: Yep, it’s for sure…

Looking to make a quick buck? For some, jumping such deals as Verizon’s BOGO smartphone offerings (such as the current BlackBerry BOGO going on), turning around and then canceling the second line and selling said handset at many times the normal price means some people have figured quite a good way to milk the system. Verizon is set to fight back — aiming solely at your wallet. Rumors are starting to circulate that November 15th will see the limit of ETF’s on smartphones or more appropriately “higher end” phones rise from the current normal $175-$200 price all the way up to $350! Sucks for us consumers who have legitimate reasons for canceling a line tied to a smartphone. Verizon on the other hand has to recoup some of that lost money somehow right? You’ve been warned…

BGR