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Google Cracks Down on Alleged Crypto Scammers for Fraudulent Android Apps
(Originally posted on : Crypto News – iGaming.org )
Massive tech company Google is in the news right now for a lawsuit it filed against purported cryptocurrency fraudsters who they say were using phony Android applications to plan a fraudulent scheme.
Chinese citizens Yunfeng Sun and Hongnam Cheung are the target of legal action Google has taken in New York, according to a recent story from Reuters. Both parties are accused in the case of stealing digital assets valued at tens of thousands of dollars from gullible Google Play App Store users.
Allegations of Social Engineering
Google contends that Sun and Cheung utilized social engineering tactics to deceive individuals, enticing them to their counterfeit Android apps via text messages. As cited in Google’s complaint, the perpetrators would send texts posing as strangers, subsequently cultivating relationships with victims under false pretenses.
Once a rapport was established, the scammers purportedly persuaded their targets to invest in sham apps. Victims, drawn into the scheme, could only withdraw nominal sums of their supposed “earnings” before the perpetrators vanished entirely. When users sought to access larger amounts, they were coerced into making additional payments, a tactic emblematic of the scam.
Google revealed that it has disabled 87 fake applications linked to the malicious people, which had been downloaded over 100,000 times globally. The giant of search engines emphasized that the offenders used a variety of dishonest strategies, including as fake press releases, YouTube videos, and social media advertisements, to give their phony apps an air of authenticity.
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Google’s legal action against the accused cryptocurrency scammers highlights the company’s dedication to fighting online fraud and preserving confidence in the digital ecosystem. Google took this step in an effort to protect its users and preserve the integrity of its platform.