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Zohar Pinhasi indicted in MonsterCloud ransom-payment fraud case

Law Enforcement
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1 unique sources, 1 articles

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Federal prosecutors indicted and arraigned Zohar Pinhasi in a wire fraud conspiracy case tied to alleged secret ransom payments, exposing a cyber-remediation business accused of profiting from ransomware victims. The case centers on MonsterCloud and allegations that it misled customers while paying attackers for decryptors from June 2018 to June 2023. The charged conduct in Brooklyn and the Eastern District of New York could bring major criminal exposure for a ransomware-recovery operation and its operator.

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  1. 08.10.2026 02:04 1 articles · 5h ago

    Federal grand jury indicts MonsterCloud owner Zohar Pinhasi over alleged ransom-payment fraud

    Legal Policy Action Update

    A federal grand jury in the Eastern District of New York indicted MonsterCloud owner Zohar Pinhasi on wire fraud conspiracy and wire fraud charges over allegations that the Florida-based ransomware remediation company secretly paid ransomware operators for decryptors while claiming to use proprietary recovery technology. Prosecutors say the alleged decryption scheme ran from June 2018 to June 2023.

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  2. 08.10.2026 02:04 2 articles · 5h ago

    Zohar Pinhasi is arraigned in Brooklyn and released on a $2 million bond

    Legal Policy Action Update

    Zohar Pinhasi was arraigned in federal court in Brooklyn, pleaded not guilty, and was released on a $2 million bond after the federal charges tied to MonsterCloud's alleged ransom-payment scheme were announced. The court action followed allegations that the company used paid decryptors and deceptive recovery claims to handle ransomware victims' files.

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