Ransomware fixer claimed he could decrypt files, allegedly defrauded clients instead

The U.S. Department of Justice charged Zohar Pinhasi, operator of MonsterCloud, alleging he told ransomware victims he could decrypt files using proprietary tools but instead paid attackers and kept large markups; the indictment claims he charged clients more than $19 million and paid over $8 million in ransoms, faces wire fraud and conspiracy counts, and is under FBI investigation with potential additional co-conspirators.