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The other day while biking, I found an iPhone laying on the side of the road. I picked it up, and brought it home with me. I didn't think of it much at the time because I had work to do, and I had to charge it anyway.
By the time I turned on the phone (the next day), it displayed a phone number to call to return it, along with a not-so-subtle threat that they would call the police on me if I did not, saying that my location was pinned.
I was happy to return the phone (it was always my goal), but their threat piqued my interest. Am I legally obligated to return this phone, and if the police were called, would they have had power to take it from me?
For a bit more context, I live on the second floor of an apartment building, so even if they had my location, they wouldn't be able to prove it was in my apartment versus the one below it (if it matters at all).