I am not sure if anyone has come across these articles on scareware so I thought I would post them for everyone to read.
From USA Today: http://blogs.usatoday.com/technologylive/2009/10/new-twist-on-scareware-locks-up-your-pc.html
From The Register: http://www.theregister.co.uk/2009/10/21/kanye_west_scareware/
The one from the register also includes a white paper on "The Cloud Threat Landscape" which may be of some interest for those in the IT and PC Security field. I hope these are of benefit for someone.