[radious]

One of the commenters on the reddit post suggests that the financial information – credit cards, I assume – were stolen and used for purchases on another Apple account.

This is really scary as my credit cards #s were already stole a few times and it was never an issue larger than 15 minutes on phone with my bank rep. However, if this could lead to me losing my iCloud account (or Google, Amazon, etc.), this is a much bigger deal.

[brewdad]

If this is really the reason for losing the account, I can't understand why Apple wouldn't just blacklist the credit card and leave the account owner to deal with their bank. Closing their account seems excessive. Especially after contacting them. I doubt too many CC thieves are calling up Apple to explain themselves.