8 yr old amasses $1400 debt via Game App

Beware of hidden-fee apps: Blackberry, Android, and Iphone alike.
I was just watching my local news channel a second ago (in between commercials for Judge Judy, of course) & heard words that didn’t make any reasonable sense: “8 year old” “iphone app” “charges $1400 on her parents credit card” “building a mushroom house”–
First and foremost, 8 year old and iphone shouldn’t be in the same sentence together. What are parents thinking these days? To be honest, I can’t even use an iphone (all the touch screening and turning), and an 8 year old is building a magic mushroom house in her smurf village?

Let me break it down for you guys: