Tag: fraud scheme
1 article
Ransomware Recovery CEO Charged in Alleged Secret Ransom Payments Scheme
A CEO's shocking scheme to profit from ransomware recovery has landed him in hot water, accused of secretly paying off ransomers while pretending to decrypt the malware for his clients, leaving them victimized twice over. The alleged scam, which ran from 2018 to 2023, could now cost him up to 20 years in prison.