MonsterCloud Owner Accused of Billing Over $19M While Secretly Paying Ransoms to Decrypt Data

The U.S. Department of Justice charged Zohar Pinhasi, a 50-year-old U.S. and Israeli national, with two counts of wire fraud and one count of wire fraud conspiracy for allegedly defrauding ransomware victims of over $19 million. Pinhasi, also known as Zack Silver and Zack Green, allegedly secretly paid attackers to obtain decryptors while claiming to use proprietary tools.