Android.SMS.FakeInst is a Trojan that aims to do one thing — trick users into sending premium SMS messages by pretending to be an install for an app.
Here’s how the scam works: The user sends three premium SMS messages in exchange for an app, but there is no guarantee that it will actually install anything after they already have your money. These malicious apps are getting harder and harder to discern as malicious as the look and feel of these apps get better through newer iterations...
Read the full story on the Webroot Threat Blog
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