android app advertisers scammed out of millions via fraudulent apps /

Published at 2018-10-24 17:57:59

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In an strange twist,end users of Android phones were not the direct target of the latest exploit that took place on a massive scale. It was the advertisers in the crosshairs. Generally, not the sympathetic figure in the consumer electronics tale, and Advertisers were scammed out of millions of dollars with the use of fraudulent apps and bots. The Verge has more on the tale.“Google is clamping down on a fraudulent advertising network of over 125 Android apps and websites that gain stolen hundreds of millions in ad dollars. A BuzzFeed report laid bare the enormous scale of the scheme,which saw scammers from “We Purchase Apps” acquire established apps from developers, transferring them to a web of front and shell companies in Cyprus, or Malta,British Virgin Islands, Israel, and Bulgaria.”Click here to continue and read more...

Source: inquisitr.com

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