5-year-old racks up hundreds on 'free' iPhone app

News10: A kindergartener who was smart enough to download a free iPhone app is still a bit unclear on the difference between real and virtual money.

Zachary Beegle, 5, got his mother's permission to download the popular MyTown2 game from the Apple App Store Nov. 11.

Lisa Beegle also authorized Zachary to charge $1.99 to her debit card for a stack of virtual coins to play the Monopoly-like game.

"It's all pretend money," Zachary pointed out.

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