Sunday, January 30, 2011

'Scareware' Operators to Pay $8.2 Million to FTC, In Settlement

screenshot of winfixerThe father-son team behind a massive 'scareware' scam will have to pay $8.2 million to the Federal Trade Commission, in order to settle a complaint filed by the government agency.

Marc D'Souza and his father Maurice were allegedly at the center of the scam, which tricked Internet users into buying fake security software to combat computer infections that didn't really exist. The operators reportedly sold more than a million copies of their false software, which they marketed under names like Winfixer, Drive Cleaner and Antivirus XP. As PC World reports, the FTC will use the settlement money to reimburse consumers who purchased the software, which typically cost $39.95 or more.

Continue reading 'Scareware' Operators to Pay $8.2 Million to FTC, In Settlement

'Scareware' Operators to Pay $8.2 Million to FTC, In Settlement originally appeared on Switched on Fri, 28 Jan 2011 16:10:00 EST. Please see our terms for use of feeds.

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