Psst! Hey, You! iPhone Developer! Wanna Scam Some Apple Bucks?

While in the old days, this would no doubt have come from Creep McShady in a trench coat around the corner of some noir-esque alley, now its online fraudsters who've gamed Apple's iTunes gift certificate generation algorithms, unable to sell directly due to fear of Apple tracing the accounts, who've found a new target for their schemes. Says Apple Insider:

Third party iPhone App Store developers have received propositions from a scammer offering to buy large volumes of their iPhone applications and then split the resulting revenue with them, apparently using fraudulent iTunes gift certificates to make the purchases.

Of course, the developers faces every bit as much chance for retaliation from Apple, perhaps more so because this could end their careers as iPhone developers.

Yeah. Not a good idea.

Rene Ritchie

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.