Viruses Lurking on Google Play Scam Thousands of Internet Users Out of Cash

Monday, April 17, 2017
By Paul Martin

Scams which purport to be connected to popular applications such as YouTube have found their way onto the devices of up to 100,000 Google Play users.

IT security company ESET has identified dangerous viruses on Google Play which have enabled fraudsters to gain the login details of users and steal their money.

One of them is called “Boost Views,” and was downloaded by up to 100,000 users. It promises users that they will earn money if they watch YouTube content via the app. It also offers to increase traffic to someone’s YouTube account in exchange for purchasing credits.

Users who use the app are invited to enter their PayPal details into an “authentication form.” However, on doing so, they will find no earnings deposited in their account. Even worse, some people who downloaded the app complained that it had taken money from their account.

Another malicious app is called PaxVendor, which works by pretending to have a connection to the legitimate Bitcoin trading marketplace Paxful.

PaxVendor, which doesn’t offer users any functions of its own, uses a bogus login screen to harvest Paxful credentials.

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