Moonbender writes "Fake but working iTunes gift cards are being sold on Chinese auction sites for a ratio of their value: 'The owner of the Taobao shop told us frankly that the gift card codes are created using key-generators. He also said that he paid money to use the hackers' service. Half a year ago, when they started the business, the price was around 320 RMB [about $47] for [a] $200 card, then more people went into this trade and the price went all the way down to 18 RMB [about $2.60] per card, "but we make more money as the amount of interchange is growing rapidly."' The people at Chinese market experimenter Outdustry have ostensively inveterate


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