New York – Two Israeli citizens pleaded not guilty on Thursday to orchestrating a massive computer hacking and fraud scheme that included an attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.
Two Israelis who were indicted in July 2015 for using fake passports and identities to run a fraudulent stock scheme that garnered them millions, have been approved for extradition to the US by the Supreme Court of Israel on Sunday.
Two Israelis and an American with ties to Russia have been charged in connection with an alleged hacking scheme against 10 financial institutions, news organisations and other companies, including JPMorgan Chase, Fidelity Investments and the Wall Street Journal .
Jerusalem – Two Israelis indicted in the US and facing extradition for allegedly using fake passports and identities and running a “pump and dump” securities fraud scheme that made millions were ordered kept in custody for twenty days by the Jerusalem Magistrate’s Court Wednesday, due to fear that they both pose a flight risk.
Law enforcement authorities arrested four people in Israel and Florida and revealed a complex securities fraud scheme tied to the computer hacks of JPMorgan Chase & Co. and other financial institutions.