Application store of Android smartphones Play StoreThere are thousands of application options in many categories, from health to e-commerce, from banking to education. These provide great benefits to our lives. Of course, hackers are not standing idle in the meantime. Every year Play StoreHundreds of malicious applications are discovered and removed. GoogleThese applications, which manage to overcome ‘s control wall, can also cause harm. Finally, for this very reason Googlefiled a lawsuit against two Chinese app developers.
Google sues app developers who defraud people
These developers, named Yunfeng Sun (alias Alphonse Sun) and Hongnam Cheung (alias Zhang Hongnim and Stanford Fischer), are accused of committing fraud by developing fake cryptocurrency investment and exchange applications.
The duo developed 87 fake applications between 2014 and 2019, and these applications reached at least 100 thousand people around the world. It is stated that the developers are trying to attract attention by promising false high returns to the users.
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According to the information provided, they created an environment of trust by allowing users to invest and withdraw small amounts in the applications. In this way, users felt safe and were encouraged to deposit more money.
However, as the deposited amounts increased, unfortunately, cases of fraud began to occur. The money deposited by users did not actually have any impact on the market. Because this was just a changing number in the system background.
Scammers are said to have attracted thousands of people by promoting them on social media. They even worked with professional on-screen faces for this.
The damage is great
According to the details of the case, although an exact amount for the damages is not specified, the victims are estimated to be from several thousand to 75 thousand dollarsIt is reported that there is a loss of Google whereas 75 thousand dollarsHe says it does more damage than We will all see how the case will turn out.