#android fraud ring was stealing millions in fake ad revenue
October 23, 2018 | Uncategorized

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Over 125 Android apps and websites have been drawn into a massive fraud scheme that’s seen hundreds of millions of dollars in ad revenue stolen, according to an in-depth investigative report published by Buzzfeed News.
As Buzzfeed’s report details, the scam saw the fraudsters purchase legitimate, established applications from developers through a front company called “We Purchase Apps.” Those apps would see their ownerships transferred over to shell companies that would continue to manage the apps, while also analyzing user behavior and interactions with the apps.
That data would then be used to program a network of bots that would be directed toward the purchased apps,…