iTunes Hackers Emptying PayPal Accounts
Phishing scam may be to blame
By Rob Quinn,  Newser Staff
Posted Aug 24, 2010 1:38 AM CDT
"Someone hacked my iTunes/paypal acct and drained everything from my bank account," one user lamented on Twitter. "Life is kicking me in the balls while I’m down."   (AP Photo/Paul Sakuma)

(Newser) – Fraudsters targeting iTunes users have been emptying PayPal accounts with large purchases of music, videos, and software from the Apple site. Users—some of whom have lost thousands of dollars in unauthorized charges billed to their account—complain that Apple seems to be unconcerned about the problem, TechCrunch reports.

The problem appears to be a "phishing" scam that has been around for a while instead of a new security hole in iTunes, Digital Daily notes. PayPal says it has been reimbursing customers for unauthorized charges sent through its service, and Apple urges customers to contact their financial institutions if their credit card or iTunes passwords are stolen and used.