BANKRUPT BANKER
High-fliers could have made £4m from iTunes scam - Manchester Evening News: "Rochdale based gang hacked credit card numbers from an online retailer and used them to buy £100 gift certificates in bulk from technology company Apple. A gang of highly-educated fraudsters turned their talent to crime in a sophisticated iTunes fraud which was set to make them all millionaires.
The swindlers included a PhD student, two IT experts, a scientist and a former business school student.
They used stolen credit card details to generate cash through the sale of iTunes cards on social media websites. Detectives believe the fraud had the potential to rake in more than £4m."
