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FTC issues refunds to scareware victims

The US Federal Trade Commission announced that it plans to issue refunds to scareware victims, following a settlement with Innovative Marketing.
Written by Dancho Danchev, Contributor on

Have you been a victim of scareware?

If so, there's a high probability that a refund is waiting for you, just around the corner.

The US Federal Trade Commission announced that it plans to issue refunds to 320,000 known scareware victims, following a settlement with Innovative Marketing -- a producer and distributor of fake security software known as  Winfixer, Drive Cleaner, and XP Antivirus. -- for $8,272,962.

With $100 million in revenues, Innovative Marketing's case clearly indicates just how profitable the scareware business is.

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