By Chris Chang, posted Jan 6, 2011 at 6:30 AM, 947 views,

Hacked iTunes Accounts For Sale Via China’s Largest E-Retailer

You got to believe this. Hacked iTunes accounts are available for sale on China’s largest retail website Taobao, at prices starting as low as a few dollars! What’s more surprising is that you can get access to credit card details for music and TV downloads once you purchased these accounts on Taobao. But you can only use them for just 24 hours.

According to Global Times, 50,000 illegal iTunes accounts were being peddled on Taobao at prices ranging from one to 200 yuan (15 cents – 30 dollars) and thousands of accounts have been sold over the past several months. We tried to check out the accounts on Taobao, and here’s what we found,

Yes, you can just spend 40, 50 or 100 yuan to purchase an iTunes account with FULL credit card details. The seller even explains the steps you need to do after purchasing the hacked account from him, like authorising the account and avoiding sales tax. What’s more, the Taobao shops promise downloads of songs, games, movies and other products worth 30 dollars through Apple’s iTunes and App stores. Here’s what Taobao said to AFP,

“At this time, we have not received any information from Apple or any other principal related to the iTunes accounts indicating that these products either violate our listing rules or infringe on the IP of others,”

Does Apple have any solutions to fix this? It feels totally unsafe to me! Changing password is only a temporary fix!

Source: AFP via 9to5mac