May 28, 2010, 11:50AM

Feds Bust $100 Mil Scareware Crew

Federal authorities say they have cracked open a cybercrime gang that allegedly duped tens of thousands of consumers into paying more than $100 million for worthless antivirus protection, priced from $30 to $70.

A Chicago grand jury returned an indictment against Bjorn Daniel Sundin, 31, a U.S. citizen believed to be living in the Ukraine; Shaileshkumar P. Jain, 40, a Swedish citizen believed to be living in Sweden; and James Reno, 26, of Amelia, Ohio. Read the full article. [The Last Watchdog]


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