Alleged 'scareware' Vendors to Pay $8.2 Million to FTC

[ramesh]

The operator of an alleged "scareware" scheme, using deceptive advertising to trick Internet users into buying software to fix their supposedly infected computers, will pay the U.S. Federal Trade Commission US$8.2 million to settle a complaint brought by the agency, the FTC said.

Marc D'Souza and his father, Maurice D'Souza, will give up the money in the settlement, announced Thursday by the FTC. Marc D'Souza was one of the key participants in a group of businesses that delivered online advertisements falsely claiming that the viewers' computers were infected with malicious software, the FTC said in a press release.

The FTC will use money from the settlement to reimburse customers who purchased software from the defendants, the agency said.

http://www.pcworld.com/businesscente...on_to_ftc.html

[NOKIA 3650]

The FTC will use money from the settlement to reimburse customers who purchased software from the defendants

There should also be something in place to compensate all those noobs who actually followed the onscreen instructions and installed the software on their systems (and are having a hard time removing it).