Scottrade, E*Trade, WSJ among victims in United States hacking case

Charges against them were filed earlier this year, but the defendants hadn’t been publicly linked to the JP Morgan hack. Two other victims were online brokerages E*Trade Financial and Scottrade, the person said.

The information was allegedly used for pump-and-dump stock manipulation schemes, with spam emails sent out to the data theft victims pushing penny stocks to drive up prices ahead of sell-offs that made the men tens of millions of dollars in profits.

Authorities said Aaron, a USA citizen believed to be residing in Moscow and Israel, was a fugitive while Shalon, of Savyon, Israel, and Orenstein, of Bat Hefer, Israel, were in custody in Israel. (NYSE:JPM) is the largest bank holding company in the United States, controls assets worth more than $2.59 trillion in total.

The cases are USA v. Shalon et al, U.S. District Court, Southern District of NY, No. 15-cr-00333; and US v. Murgio in the same court, No. 15-cr-00769.

Bloomberg reported Tuesday that U.S. prosecutors accused the men of carrying out attacks on at least nine institutions between 2012 and mid-2015, in which they stole information of “over 100 million customers” in these companies.

“We appreciate the strong partnership with law enforcement in bringing the criminals to justice”, JPMorgan said in a statement. “As we did here, we continue to cooperate with law enforcement in fighting cybercrime”, the spokesperson said.

“Shalon also allegedly ran an Internet gambling business, distribution centers for malicious software, and an illegal Bitcoin exchange”. A spokeswoman for Dow Jones did not immediately return a request for comment as to whether that breach was tied to Tuesday’s charges.