The Department of Justice and the FBI have cracked an international scareware ring believed to have scammed over $72m (£45m).
Operation Trident Tribunal seized more than 40 computers and servers and arrested two people in Latvia. 22 computers were seized in the US along with 25 machines in France, Germany, Latvia, Lithunia, the Netherlands, Sweden and the UK.
The gang screwed money out of more than a million victims. They installed software on their computers which falsely claimed to have detected viruses or malware. The gang then took payment for supposedly cleaning up the machines.
About 960,000 machines were infected with the scareware and $72m ($45m) extracted from worried users.
Complete article: Feds crack multi-million scareware ring • The Register
Link to FBI Press Release: FBI — Department of Justice Disrupts International Cyber Crime Rings Distributing Scareware
This is a start but I don't hold much hope for this slowing down the rogues.