Apple gift card scam cost buyers hundreds of millions of dollars (opens in new tab)

An Apple gift card scam saw buyers lose hundreds of millions of dollars. One raid alone recovered 4,000 iPhones worth between $8M and $9M, with the New Hampshire-based operation even involving a murder. The sophisticated operation started with the theft of Apple gift cards from retail outlets before they were tampered with and then replaced in the stores. The moral of the story is only to ever buy the cards direct from Apple stores … more…