The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Startups & Tech

SUBSCRIBERS

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

Published Wed, Jul 22, 2015 · 09:50 PM
Share this article.

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.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here