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Scareware Fraudster Fined $163 Million

     
3:17 pm on Oct 3, 2012 (gmt 0)

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I remember seeing those, or similar ads going round. I'm sure they caught out a lot of people.

A woman behind a massive "scareware" scam has been fined $163m (101m) by US authorities.

Kristy Ross ran an operation that tricked its victims into thinking their computer had been infected with malicious software - and then charged them between $40 and $60 to "fix" it.

The Federal Trade Commission (FTC) has been pursuing the case since 2008.Scareware Fraudster Fined $163 Million [bbc.co.uk]
The scam products' names included Winfixer, DriveCleaner, FreeRepair, WinAntivirus, WinAntispyware and System Doctor.
3:25 pm on Oct 3, 2012 (gmt 0)

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Nice scam.
5:39 pm on Oct 3, 2012 (gmt 0)

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They are still going around.
8:55 am on Oct 4, 2012 (gmt 0)

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Whay wasn't she jailed?
11:12 am on Oct 4, 2012 (gmt 0)

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163 million is a significant sum. It gives you an idea of the success of the scam.

It's be even better if the money could be returned to the unfortunate victims.