Federal authorities say they have cracked open a cybercrime gang that allegedly duped hundreds of  thousands of consumers into paying more than $100 million for worthless antivirus protection, priced from $30 to $70.

A Chicago grand jury returned this indictment against Bjorn Daniel Sundin, 31, a U.S. citizen believed to be living in the Ukraine; Shaileshkumar P. Jain, 40, a Swedish citizen believed to be living in Sweden; and James Reno, 26, of Amelia, Ohio.

The three are alleged to have help operate an online company, called Innovative Marketing, registered in Belize, that sold worthless programs with names like “Antivirus 2008″ and “DriveCleaner” and “ErrorSafe.” Read Full Article Here