50,000 stolen iTunes accounts linked to stolen credit cards are being sold on a Chinese auction site, according to a report from the BBC.
Listings on TaoBao, the Chinese equivalent of eBay, are promising access to iTunes downloads for between 1 yuan ($0.15) and 200 yuan ($30).
However, customers are advised that they are likely to only have about 12 hours to download apps, movies, games and music from the online store before their accounts are suspended.
Continued here:
http://nakedsecurity.sophos.com/2011/01/06/chinese-auction-site-stolen-itunes-accounts/