fraud

Text message provider to pay out for Android malware

H-Online: UK regulator PhonepayPlus (fomerly known ICSTIS) has imposed a fine of £50,000 on a payment provider used for an Android malware-based fraud and forced it to reimburse customers’ losses. Last December, unknown perpetrators posted fake versions of popular applications on Google’s Play store (formerly the Android Market) which sent out expensive premium rate text …

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Love-Seekers Beware: Online Dating Fraud Rose 150% Last Year

Mashable: Lonely hearts seeking love this Valentine’s Day, be wary. Online dating fraud rose by 150% percent in 2011 as scammers and hucksters turned up the false charm and predatory trolling. That’s according to data shared with Mashable by fraud protection agency Iovation, which works with several major Internet dating services. Iovation reached that number …

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