Today police raided the editor of Gizmodo’s house to search for information in regards to the iPhone 4G that was found in a San jose bar last week.

In the latest turn of events police with a warrant confiscated computers to find any information in regards to the 4G iPhone.

According to Bloomberg News Service late last week, Gawker said no investigators had spoken to employees. Apple has not commented.
While there may be other relevant laws, Section 485 of the California penal code states that someone is “guilty of theft” if they find “lost property under circumstances which give him knowledge” of the true owner or of how to find the owner, and if the person doesn’t make “reasonable and just efforts” to return the property.
If charges are filed, it could be a felony case under California law, since the property was valued in excess of $950. Some legal observers have suggested that charges could be brought against the person who sold the device as well as Gizmodo.

Some poor soul lost a prototype 4g iPhone in a bar in San Jose. The 4g iPhone was disguised as a 3Gs in a custom made case.

According to Engadget and Gizmodo the new features include a front facing camera, the battery on this iPhone is 25% larger, the screen is smaller a it will take a micro SD card, Size is 4.50 by 2.31 by 0.37 inches, has separate volume buttons, and higher resolution screen than the 3Gs.

At first glance it looks like a fake but after further inspection and disassembly it appers to be genuine Apple prototype parts.

The person that lost this prototype is going to be in a lot of trouble.

I got my iPad today and I’ve already mounted it in my car. I’ll be reviewing it soon and taking some better pics of it asap.