- Title: JPMORGAN-FRAUD U.S., Israel make arrests related to JPMorgan hack: Bloomberg
- Date: 21st July 2015
- Summary: NEW YORK, NEW YORK, UNITED STATES (FILE) (REUTERS) VARIOUS OF JPMORGAN EXTERIOR
- Embargoed: 5th August 2015 13:00
- Keywords:
- Topics: General
- Reuters ID: LVA60G04VXOH0GMHR59GIQN46I1I
- Aspect Ratio: 16:9
- Story Text: U.S. and Israeli law enforcement agencies have arrested four people in Israel and Florida related to securities fraud tied to computer hacks of JPMorgan Chase & Co and other financial institutions, Bloomberg reported, citing sources.
An Israeli police spokesman said he did not have details of a scam involving JPMorgan but confirmed three arrests.
A fifth person remains at large, Bloomberg reported, quoting officials.
JPMorgan said last October that names, addresses, phone numbers and email addresses of about 83 million customers were exposed in a hacking attack, making it one of the biggest data breaches in history.
In the indictment, which was unsealed on Tuesday (July 21), two people were charged with securities fraud in a plan to pump up the value of low-volume stocks, Bloomberg said.
Two people arrested in Florida are charged with running an unlicensed money-remitting business related to the scheme, Bloomberg added. - Copyright Holder: FILE REUTERS (CAN SELL)
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