iTunes Scam Alert: Payment via iTunes Red flag it’s a scam!

May 3, 2016 MLM & Affiliate Marketing News

There’s a thriving black market for stolen iTunes gift card codes sold at steep discounts, and complaints about these scams to are on the rise!

Millions of consumers use iTunes to purchase and listen to their favorite music. Unfortunately, scammers are always on the lookout for new ways to get paid for their swindles, and some have latched on to the popular music service as a new way of bilking consumers. No, they’re not looking for the new Adele album. Instead, they’re focused on the iTunes gift cards that are sold by retailers across the country.

NCL has recently received an increasing number of complaints from consumers who report that they’ve lost money after a fraudster asked them for payment via an iTunes gift card as a part of a scam. We’ve seen this happen in the context of fake online loans (where the consumer is instructed to pay for “application and processing fees,” for example) and bogus car buying (e.g., cheap car advertised online, payment requested for “insurance” or “shipping”.) We’ve also seen reports of scammers demanding payment via iTunes gift cards in fake debt scams and impersonator scams (also known as “grandparent” scams.)

Read the full article and join in the discussion over at Fraud.org