Cybersecurity

Digital Misfits Link JPMorgan Hack to Pump-and-Dump Fraud

Inside JPMorgan's Securities Fraud Hack and Arrests

Lock
This article is for subscribers only.

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.

Behind the alleged crimes described Tuesday is a remarkable story of unpredictable alliances in modern computer crime involving, if true, a multi-layered organization with tentacles reaching Moscow, Tel Aviv and West Palm Beach.