Apple's iPhone for thieves is like a bar of gold with earbuds. The smartphone has been blamed for a rise in urban crime, been the target of mafia heists - even fostered one iPhone owner to launch an online sting operation. Now comes word thieves have found a more direct route to your iPhone - your identity.
Identity theft is now the hottest way to buy an iPhone and stick you with the bill. The key is instant credit used by Apple to provide online financing to purchase an iPhone, Mac or other iDevice. The typical bill from ID theft of Apple products averages between $1,500 to $2,000, according to a fraud investigator who talked with Reuters...