Kaspersky Lab has recently detected FakeInst, the first active SMS trojan for Android which targeted users in 66 countries, including the US. The malware, dubbed Trojan-SMS.AndroidOS.FakeInst.ef (aka FakeInst) mainly infected mobile devices in Russia and Canada, the monetization scheme is simple and efficient, it sends premium-rate SMS messages. FakeInst disguises itself as a legitimate Android application for watching porn videos, it allows an attacker to access and modify victims messages.”]
Source: https://securityaffairs.co/wordpress/24427/malware/fakeinst-first-sms-trojan.html