Apple has been sued for refusing to help victims of the iTunes gift card scandal. An 11-count class action lawsuit has been filed against the company.
Apple has been accused of making false allegations that there is no way to identify or return the value of the cards …
There are a lot of scams that involve pre-paid gift cards like store cards and iTunes gift cards. Here’s how the FTC describes them.
Anyone who claims to pay by gift card is always a scammer.
Different types of imposers ask you to pay by gift card. Someone may call you and claim to come from the IRS, collecting taxes or fines. The caller may say he came from technology support, wanted money to fix your computer. The caller can even say that he is a member of the emergency family and needs money right now.
However, all of them have an urgent need to send money to you right now. (6) Once you have purchased the card, the caller will then ask for the gift card number and PIN on the back of the card. These numbers allow them to receive money instantly loaded with the card. And after doing this, the scammers and your money usually go away
With the help of store cards, scammers usually buy high-value products like laptops and smartphones, which are later sold. ITunes gift card scams usually work in a slightly different way, usually used to buy paid apps owned by scammers, so they charge 70% when paid by Apple.
The lawsuit alleges that Apple told scam victims that it could not be done once the money was spent, but argued that this was not true. In fact, Apple holds 100% of the funds for 4-6 weeks, between buying Apple and paying the Apple developer between this time, the company is in a position to return 100% of the value of the card.
Additionally, Apple takes a 30% commission, so even after paying the scammer it will always be in a position to give it a much higher return.
Patented as Apple Note, big business in iTunes gift card scandal.
The overwhelming majority of victims do not report the scandal to the Federal Trade Commission (“FTC”). Yet limited iTunes gift card scams reported to the FTC during 2015-2019 increased the amount of dollars significantly each year to over $ 93.5 million. This publicly includes only subset losses to victims in dollar amounts who fill out a detailed online FTC form asking for their personal information. As a result, this $ 93.5 million figure seems to be the core of the iceberg alone.
Even if only 10% of scam victims complain to the FTC (vs. the local police, the Attorney General’s Office, Apple, or none at all), the iTunes gift card scam will go যেতে 1 billion, with Apple holding 300 300 million in commissions.
Many scandal victims are elderly, so three in eleven counts have accused Apple of violating laws designed to protect older people from financial abuse.
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