Authorities arrest four over JPMorgan computer hack

Authorities arrested four people in Israel and Florida and revealed a complex securities fraud scheme tied to the computer hacks of JPMorgan and other financial institutions.

Bloomberg News reports that 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.

Officials in Israel this week picked up two men charged in the U.S. with running a multimillion-dollar stock manipulation scheme. A third person remains at large. In another case in Florida, officials arrested two men for operating an unlicensed money-transfer business using bitcoins.

Though these are separate cases, some of the individuals are linked. 

To access the complete Bloomberg News article hit the link below:

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