A new lawsuit filed by the U.S. Federal Trade Commission (FTC) is a showcase of how hard it’s become to police the app stores for scammy apps. The suit alleges that a company known as Genesis Tech defrauded consumers and routed revenues overseas through the use of shell companies designed to conceal its identity and hide its assets. Genesis Tech’s network allegedly included a series of subsidiaries incorporated in Cyprus and operating in Ukraine, which marketed its apps to U.S. cons…
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