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🇬🇧 English, 10 October 2026, Ransomware Scam

Florida Cyber Owner Accused of Misleading Ransomware Victims

Prosecutors allege Zohar Pinhasi misrepresented MonsterCloud's capabilities to clients facing ransomware attacks.

Zohar Pinhasi, the owner of MonsterCloud, faces charges of wire fraud related to his cybersecurity business. Prosecutors allege he misrepresented his firm’s capabilities to clients facing ransomware attacks.

The firm was charged $19 million by its clients, but secretly paid hackers $8 million, according to the allegations.

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