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Local => Press & News from India => Topic started by: polynesia on July 24, 2015, 04:35:56 PM



Title: [2015-07-21] ET: Arrests in stocks, Bitcoin fraud tied to JPMorgan hack
Post by: polynesia on July 24, 2015, 04:35:56 PM
Arrests in stocks, Bitcoin fraud tied to JPMorgan hack

http://economictimes.indiatimes.com/news/international/business/arrests-in-stocks-bitcoin-fraud-tied-to-jpmorgan-hack-report/articleshow/48167190.cms

US and Israeli authorities arrested four men in two separate fraud schemes on Tuesday that media said were linked to last year's hack of computers at JPMorgan Chase.

The court documents in each of the cases, one an Israel-based ring running a pump and dump scheme for US-traded penny stocks, and the other an illicit US Bitcoin transfer operation, did not tie them to the theft of confidential details on millions of clients at the giant US bank.