Malware Gang's $14.8 Million Bank Account Frozen

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The US Attorney's office has today frozen a Swiss bank account belonging to Sam Shaileshkumar.

Mr. Shaileskumar, together with Björn Sundin were the main figures behind Innovative Marketing Ukraine, a malware house that was operating from Ukraine. Neither Shaileshkumar or Sundin were nationals of Ukraine themselves. Shaileshkumar holds a US passport while Sundin is Swedish.

The amount of money in the frozen account? A cool $14,800,000. This is believed to be only part of the proceeds IMU did while using malware to push out rogue security products such as "Systemdoctor".

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As usual, these products did nothing useful. They found "problems" from any computer and would only "fix" them after you purchased a license.

The authorities have been after Sundin and Shaileshkumar for quite a while. Both are still on the run.

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Here's the INTERPOL Wanted page for them:

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On 10/06/11 At 09:05 PM

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