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Apple has decided to settle a lawsuit alleging that it stole money from fraudulent iTunes gift card transactions

<p>Apple has consented to resolve a lawsuit alleging that it intentionally allowed con artists to use its gift cards and kept the money that was taken for itself.</p>
<p><img decoding=”async” class=”alignnone wp-image-337979″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-apple-has-decided-to-settle-a-lawsuit-alleging-that-it-stole-money-from-fraudulent-750×478.jpg” alt=”theindiaprint.com apple has decided to settle a lawsuit alleging that it stole money from fraudulent” width=”860″ height=”548″ title=”Apple has decided to settle a lawsuit alleging that it stole money from fraudulent iTunes gift card transactions 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-apple-has-decided-to-settle-a-lawsuit-alleging-that-it-stole-money-from-fraudulent-750×478.jpg 750w, https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-apple-has-decided-to-settle-a-lawsuit-alleging-that-it-stole-money-from-fraudulent-1024×653.jpg 1024w, https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-apple-has-decided-to-settle-a-lawsuit-alleging-that-it-stole-money-from-fraudulent-768×490.jpg 768w, https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-apple-has-decided-to-settle-a-lawsuit-alleging-that-it-stole-money-from-fraudulent-150×96.jpg 150w, https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-apple-has-decided-to-settle-a-lawsuit-alleging-that-it-stole-money-from-fraudulent.jpg 1200w” sizes=”(max-width: 860px) 100vw, 860px” /></p>
<p>After consulting with a mediator, Apple and the plaintiffs have reached a significant settlement agreement, according to a document made on Wednesday in federal court in San Jose, California.</p>
<p>They are writing a written settlement that will be submitted for first approval to US District Judge Edward Davila.</p>
<p>Requests for comment were not immediately answered by Apple or the plaintiffs’ attorneys.</p>
<p>In order to create a sense of urgency and fear in their victims, con artists demand over the phone that they purchase iTunes, App Store, or Apple Store gift cards in order to cover debt collection, bail, medical and electricity bills, taxes, and other expenses.</p>
<p>Despite a warning on the cards that states, “Do not share your code with anyone you do not know,” victims are then instructed to disclose the codes on the backs of the cards.</p>
<p>In accordance with the lawsuit, Apple would normally only transfer 70% of the money that was stolen into the bank accounts of the fraudsters, keeping 30% as a “commission” for itself for turning the stolen codes into US dollars.</p>
<p>According to the lawsuit, victims most certainly lost “hundreds of millions of dollars” in the fraud.</p>
<p>Anyone in the US who purchased gift cards redeemable on iTunes or the App Store between 2015 and July 31, 2020, gave codes to scammers, and did not obtain a refund from Apple was covered by the case.</p>
<p>Davila denied Apple’s request to have the case dismissed in June 2022.</p>
<p>According to him, the plaintiffs’ fundamental allegation was that the Cupertino, California-based company’s attempt to deny accountability was unethical, even after the victims had declared they had been duped.</p>
<p>Barrett et al v. Apple Inc. et al. is the case in question; it is No. 20-04812 in the Northern District of California U.S. District Court.</p>

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