Not recognizing the email address for the gift recipient or remembering having purchased it, [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.]]> Over £1,000 was fraudulently taken from a man’s bank account when his iTunes account was compromised this past week. He received an email stating he had purchased an ITunes gift-away giving to someone to use in the online store reported the Register.

Not recognizing the email address for the gift recipient or remembering having purchased it, he reviewed his iTunes account and uncovered fraudulent charges that overdrew his account by £300 or close to $460. The bank and Apple were contacting to inform them that he was not responsible for the charges. Apple’s reply was just an automated message suspending his account while his bank, HSBC re deposited his funds to his account

He was livid with the Apple message. They took so long to reach me and offered me no help, this after being a loyal Apple and iTunes account holder.

Linking your account to iTunes has lead to trouble in the past and he agreed to do so. It may be time for Apple to review their security since it is unknown how his account was hacked. How can Apple have a pseudo-like Paypal and not have the necessary security in place and enough monitoring guidelines?

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They were apprehended by police when one of the men was stopped at a [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.]]> Five men from Rochdale had been placed in jail for laundering money via iTunes music gift vouchers online.  The men stole enough credit cards to purchase £750,000 worth of iTunes vouchers, which they turned around and sold as a deal on eBay.

They were apprehended by police when one of the men was stopped at a Hull Port search in 2007 and his laptop was taken.  The laptop led them to the laundering operator, Suhail Tufail, who pled guilty to fraud charges and received a five year jail sentence at the Manchester Crown Court.

It was in May of 2007 when Humberside Police stopped three men during a routine search in Amsterdam, at which point a ‘suspicious’ laptop owned by Arfan Rasool was taken and investigated by the Manchester Police’s economic crime unit.

Officers discovered that the hard drive and two other computers confiscated from Rasool’s home held the details off of over 7,000 bank cards.  This prompted the seizure of Suhail Tufail’s computer which held the same details.

After tracing the cards they discovered that many of the cards had been used to purchase iTunes vouchers which led to the discovery that the vouchers were sold at a lower price to launder cash.

Greater Manchester Police Det. Insp Neal Colburn stated that this was a very complex fraud that was pulled off on a massive scale with the group believing they had come up with a sophisticated and untraceable way to launder money until the police intervened.

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