FTC Settles For US$8 Million for Scheme to “Trick Consumers”
28 January 2011
The US Federal Trade Commission (FTC) has announced that online “scareware” operators Marc D’Souza and Maurice D’Souza have agreed to pay more than US$8 million to settle charges that they “[tricked] consumers into thinking their computers were infected with malicious software, and then sold them software to “fix” their non-existent problem”. The defendants allegedly conducted the business using the names Innovative Marketing Inc and ByteHosting Internet Services LLC, and defrauded more than one million consumers.
FTC’s media release (27 January 2011)