Hacked iTunes accounts taken off China e-commerce site

Michael Kan reports the latest on a situation previously covered on this blog.

The sale of hacked iTunes accounts in China has been dealt a blow as the Chinese online retailer Taobao.com has decided to remove all product listings relating to the sale of the stolen accounts.

Taobao, China’s largest online retailer with 370 million users, said it removed the product listings after consumers reported that some of the iTunes accounts purchased had been stolen.

Many of the iTunes accounts sold on Taobao would allow users to buy goods on the store at bargain Chinese prices. Some advertised the purchase of $100 worth of iTunes products for as low as 55 yuan ($8.30).

Read more on Computerworld.

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