Under the pretense of offering larger profits, Google has filed a lawsuit against two app developers for participating in a “international online consumer investment fraud scheme” that duped customers into downloading fraudulent Android apps from the Google Play Store and other sources, with the intention of stealing their money.
The people in question are Hongnam Cheung, also known as Zhang Hongnim or Stanford Fischer, and Yunfeng Sun, also known as Alphonse Sun. It is thought that they are based in Shenzhen and Hong Kong, respectively.
According to reports, since at least 2019, the defendants have posted over 87 cryptocurrency apps to the Play Store in an attempt to carry out a social engineering scam. Over 100,000 users have downloaded these apps, resulting in significant financial losses.
The tech giant claimed in its case that the benefits the apps purported to offer were false read more Google Sues App Developers Over Fake Crypto Investment App Scam.
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