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Submission + - Game Maker: 40% of iTunes In-App buys are fraud (threatpost.com)

chicksdaddy writes: "Hong Kong based Lakoo, maker of the Empire Online, says that 4 in 10 in-application purchases by users of the iOS version of its MMORPG are fraudulent, and made through compromised iTunes accounts. But Apple has turned a deaf ear to its requests for help to stop the bogus activity."
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Game Maker: 40% of iTunes In-App buys are fraud

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