Cyber Risks · Krebs on Security

Rove Digital Was Core Chrono Pay Shareholder

Summary: Estonian authorities arrested Rove Digital founder Vladimir Tsastsin, 31, and five other Estonian nationals this week on charges of running a click fraud scheme that allegedly infected four million PCs worldwide. Internal ChronoPay documents and emails show Rove Digital OU held 45 class B shares in ChronoPay B.V., and ChronoPay founder Pavel Vrublevsky confirmed to KrebsOnSecurity that Tsastsin was an old friend and that Rove Digital had been a key shareholder.

What's compelling: The same infrastructure behind a four-million-PC malware operation was an early shareholder in a major payment processor, and ChronoPay's own executives could not identify the directors behind its shareholder entities when Dutch regulators demanded the records.

Read the original at Krebs on Security ↗

Topics
Cybercrime & Law Enforcement
Related