negativeSYS.SOURCE: The Hacker News• 2026-10-08T13:11:44+05:30
MonsterCloud Owner Charged with Ransom Fraud and Wire Fraud Scheme
Zohar Pinhasi, owner of MonsterCloud, faces fraud charges for deceiving ransomware victims by secretly paying attackers to decrypt data while charging clients significantly higher fees. The U.S. DOJ and FBI allege he collected over $19 million by exploiting victims' crises, with ransom payments totaling over $8 million.
The U.S. Department of Justice (DoJ) on Wednesday announced charges against a 50-year-old U.S. and Israeli national for allegedly defrauding ransomware victims by secretly paying the attackers to obtain decryptors while claiming to use proprietary tools to recover their data.
Zohar Pinhasi (aka Zack Silver and Zack Green) has been charged with two counts of wire fraud and one count of wire
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