Google claims that the developers allegedly violated the RICO Act, enacted wire fraud and breached various policies on Google's platforms.
Search engine giant Google sued two developers for placing a trove of fraudulent crypto-based apps on the Google Play store.
The developers socially engineered victims to download an app claiming to provide cryptocurrency investments. When victims attempted to withdraw the funds, however, they were forced to pay fees to allegedly cover the cost of principal investments and gains, the lawsuit notes. In some cases, the app enforced 10% to 30% additional fees to withdraw user funds, which sometimes were never paid.
When Google removed one of the apps, the developers would hide their identities and network infrastructure to place new apps on the Google Play store. The developers also employed the "pig butchering" scam technique, which involves gaining a victim's trust through seemingly friendly or romantic attachments to influence the victim to invest in a fraudulent financial endeavor.
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