Reports are circulating that UK iPhone distributor O2 has fired around half a dozen employees and is investigation another 20.
The unfortunate employees apparently bought the iPhones using their 20% staff discount. They then sold the handsets on, presumably for a profit as supply of the iPhone dried up.
More info:http://www.the-iblog.com/2008/06/02/o2-fire-employees-who-bought-iphones-to-sell/
Wasn't there someone on here who worked for O2 and did this?