Actually it is not a virus, better classified as a rogue application or scareware. These types of things have been around for years, I see no need for a thread every time a new one pops up, if we did that this section would be nothing but malware alerts.
Scareware authors are just changing tactics, moving from fake AV apps to fake system utilities. They are actually very easy to remove if you know what your doing, generally takes about 5 minutes not including the after removal scans to get rid of any left over related files.
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