MY thanks to John Hardin for flagging this one. I hadn’t heard of this hack before I read the article. It SEEMS to center round starting with a gift card – and then exploiting a loop hole that connects your iTunes account back to your iTunes account.
IN other words – if like me you don’t have a credit in iTunes – you are fine (I THINK) …. but would love confirmation of that from someone that knows !!
Flagging it now for your information and if you have any additional info / experience of it = let us know.
The latest story can be read here : The Towson Hack: The Mystery of vanishing iTunes credit.