The former CEO of a Korean anti-virus software company was indicted yesterday on charges of distributing a fake virus-detection program to 1.26 million Internet users.
The Seoul Central District ProsecutorsĄŻ Office said yesterday that Lee Shin-ja, the 41-year-old former head of Media Port, was indicted for cyber fraud. Two other computer programmers were also charged for participating in the development of the software.
The businesswoman earned more than 9.2 billion won ($9.8 million) by cheating Internet users since 2005, the prosecution said.
Lee told reporters she had already left the company and had no comment on the charges.
According to prosecutors, Lee asked the two computer programmers to develop a free spyware detector that would allow Internet users to search their computers for files that contain malicious code, or spyware, that allows companies to track Internet use.

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