Credit card fraud is never a good thing and reports are in that a UK teen recently was caught using stolen credit cards to purchase about $750,000 worth of music that he and his band offered on Amazon and the iTunes music store between January 2008 and June 2009, giving himself a juicy bit of royalty fees. The group allegedly downloaded the songs 6,000 times during said period and while it probably seemed like a good idea at the time to make some extra money, it’s probably not going to end too nicely for this teen (and possibly the other group members).
Next Story: Samsung Focus dissected
- 2014-03-23: California Department Of Motor Vehicles Suffers Credit Card Data Breach
- 2013-11-13: Unencrypted Credit Card And CCV Numbers Stolen
- 2012-05-08: PayAnywhere card payment system debuts
- 2012-04-01: Hackers break into Global Payments, over 50k credit card accounts compromised
- 2012-02-21: Contactless credit card can be toggled on or off