A large-scale fraud campaign leveraged fake trading apps published on the Apple App Store and Google Play Store, as well as phishing sites, to defraud victims, per findings from Group-IB.
The campaign is part of a consumer investment fraud scheme that's also widely known as pig butchering, in which prospective victims are lured into making investments in cryptocurrency or other financial



Source: TheHackerNews
Source Link: https://thehackernews.com/2024/10/fake-trading-apps-target-victims.html