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FBI wants Sam Jain
By Techgirl

Regular readers of Techgoss are well aware that a large number of our articles are crowd sourced.  People send in tips, photos, story ideas and even articles. Many of our contributors have full times jobs in IT - ITES, and so prefer using a pseudonym.

We received the following Tip from one of our regular Tipsters who also works as a Tech journalist


Today (Oct 3, 2012) one of America’s most respected blog Ars Technica published a detailed story on how the US Government, via American Courts, had been given a $163 Million judgment against  an ‘American’ Scareware company Innovative Marketing run by American citizens  The company sold the scareware under the names WinFixer, WinAntiVirus, and WinAntiVirusPro, among other monikers. Kristy Ross and two of the company's founders - Sam Jain and Daniel Sundin - were determined to be jointly liable for that amount. Ross was not present during the two-day bench trial.  You can read the full Ars Technica article at this link

But there is a very strong India link to this record $163 Million fine on the scamsters who sold this scareware.   Scareware essentially involves scaring innocent users into thinking their computer is infected with viruses and malware and then selling them software to ‘fix’ their computers.  It is a con in every sense of the word.

While the US Court documents described one of the key men in this crime as Sam Jain, he is actually India born Shaileshhkumar P. Jain who as an ‘Internet Entrepreneur’ made millions through such scams.  According to the FBI’s Most Wanted list Jain is fluent in Hindi as well.

And according to the Court documents, Innovative Marketing grew to employ over six hundred (600) employees and had huge offices in India and 3 other countries.

Sam Jain can no longer be found in USA.  Could he be holed up in his mother country India?
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Techgoss note:  Techgirl is a senior Tech journalist who reports on the IT, KPO and KPO Sectors for a leading media house.  In her spare time, she dabbles in satire in her blog techgirltalk.blogspot.com.  Techgirl has been ejected from Twitter for satirizing an Indian Minister.  Her satire blog has links to her Times of India interview detailing her being kicked out of Twitter, and then being invited back.

 

(Tipsters, Big thank you for all your tips and photos. We pay up to Rs. 5000 for exclusive photos of the Indian IT, BPO and KPO Sector.  Do you have a story to tell? If you need to speak to us in confidence or write for us, email us at techgoss[at]hotmail. Or use the Anonymous Tip form at the top of our website. Anonymity guaranteed. We pay Rs. 1000 – Rs. 1250 for 100 – 200 word snippets in the form of Citizens Journalist reports. Unfortunately, we cannot use any tips which are not backed up by enough facts)


(10/3/2012)
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