Friday, June 26, 2009

FTC suspends heavy penalty against scareware defendants - PC World

The U.S. Federal Trade Commission has suspended the majority of a judgment levied against two defendants accused of selling bogus security software to up to a million consumers.

James Reno and his Web hosting company, ByteHosting Internet Service of Ohio, will forfeit $116,697, just a fraction of the $1.9 million the judgment levied against Reno and the company. The settlement must still be approved by a court, the FTC said...