Israeli link found in JPMorgan hacking and 'pump-and-dump' scheme arrests
At least five stocks were manipulated in 2011 and 2012, according to grand jury indictment unsealed on Tuesday in Manhattan federal court
Washington
AUTHORITIES have arrested four people in Israel and Florida and revealed a complex securities fraud scheme tied to the computer hacking of JPMorgan Chase & Co and other financial institutions.
Behind the alleged crimes described on Tuesday is a remarkable story of unpredictable alliances in modern computer crime involving, if true, a multi-layered organisation with tentacles reaching Moscow, Tel Aviv and West Palm Beach.
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