Sure I saw that myself. They put a satellite tracking device in an old TV set to see where it ended up. Sent it for recycling in the US, a few months later it turned up at some village in Guyana, and there was a dude in a hut, with a stack of hard drives going through them. There was credit card details, social security numbers, passwords, names and addresses, medical records, all sorts of things.
If you do send an old electronics item like a laptop, phone or tablet for recycling, the chances are it's going to end up in some hell-hole village somewhere, where they're doing this stuff in the streets and houses. Not in a properly controlled large recycling plant. The people who are after the data are organized gangs, and going to use it for criminal purposes like phishing. And very likely the very same people who are making all the illegal knock-off Samsungs and iPhones. They certainly know how this stuff works.
The sky is certainly not falling,...LOL ...just have to be aware of what happens to your old stuff and how best to dispose of it, if you're not keeping it that is.