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 US Reclaimed $15 Million From an Ad Fraud Operation

According to the US Department of Justice, groups paid over $29 million for advertising never seen by real people.

 

The US government has recovered more than $15 million in earnings from the 3ve digital advertising fraud enterprise, which cost firms more than $29 million in unviewed ads. 

Sergey Ovsyannikov, Yevgeniy Timchenko, and Aleksandr Isaev, according to the Justice Department, accessed more than 1.7 million infected computers between December 2015 and October 2018, using tens of command and control (C&C) servers as the Kovter botnet, a click-fraud malware would quietly run in the background while connecting to sites to consume advertisements. 

A forfeiture order, according to the Justice Department, resulted in the transfer of $15,111,453.84 from Swiss bank accounts to the US government. The technique resulted in the falsification of billions of ad views and the spoofing of over 86,000 domains. According to the US Department of Justice, groups paid over $29 million for advertising never seen by real people. 

Ovsyannikov and Timchenko were arrested in 2018, pleaded guilty, and sentenced to jail terms in the United States. For this role in 3ve (pronounced "Eve"), Isaev and five others are accused of money laundering, wire fraud, computer intrusion, and identity theft, yet they stay free. 

The US also charged Aleksandr Zhukov, Boris Timokhin, Mikhail Andreev, Denis Avdeev, and Dmitry Novikov, five Russian citizens, with running the Methbot ad fraud scheme, which is thought to have netted the fraudsters more than $7 million in illegal gains. 

"This forfeiture is the greatest international cybercrime recovery in the Eastern District of New York's history," said United States Attorney Peace in a press statement.
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