Authorities arrested four people in Israel and Florida, andrevealed a complex securities fraud scheme tied to the computerhacks of JPMorgan Chase & Co. and other financialinstitutions.
Behind the alleged crimes described Tuesday is a remarkablestory of unpredictable alliances in modern computer crimeinvolving, if true, a multilayered organization with tentaclesreaching Moscow, Tel Aviv, and West Palm Beach.
Officials in Israel this morning picked up two men charged inthe U.S. with running a multimillion-dollar stock manipulationscheme. A third person remains at large. In another case inFlorida, officials arrested two men for operating an unlicensedmoney-transfer business using bitcoins.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
