FBI Goes After ‘Scareware’ Scams

“The FBI said late last week that it has filed federal
indictments against an Ohio man and two foreign residents in a move
meant to halt one of the largest “scareware” malware scams.

“Microsoft (NASDAQ: MSFT) hailed the indictments on its On the
Issues blog because some of the bogus computer protection programs
that the schemers were hawking either masqueraded as Microsoft
products or strongly implied they were from the company.

“According to the FBI’s statement, the alleged perpetrators, who
operated out of Ukraine, “caused Internet users in more than 60
countries to purchase more than one million bogus software
products, causing victims to lose more than $100 million.”

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