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Scareware Scammer Hit With $163 Million Fine

by John Lister on October, 8 2012 at 08:10AM EDT

A woman whose business intentionally scammed computer users by means of bogus security software has been ordered to pay a $163 million fine. Kristy Ross was vice president of Innovative Marketing, a firm legally registered in Belize (likely for ... favorable tax purposes) but actually operating out of Ukraine. The company has been the subject of legal action by the Federal Trade Commission (FTC) for the past four years. (Source: ftc.gov ) Bogus Security Scan Attracted Customers Innovative Marketing's business was actually a scareware scam: placing bogus website ads that pretended to scan a user's ... (view more)

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My name is Dennis Faas and I am a senior systems administrator and IT technical analyst specializing in cyber crimes (sextortion / blackmail / tech support scams) with over 30 years experience; I also run this website! If you need technical assistance , I can help. Click here to email me now; optionally, you can review my resume here. You can also read how I can fix your computer over the Internet (also includes user reviews).

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