Online Gambling Operators Face New Charges in JPMorgan Chase, Dow Jones Hack

Submitted by Jagajeet Chiba on

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Jagajeet Chiba

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Four individuals face new allegations that they were tied to theft of customer data through hackings at JPMorgan Chase & Co. and Dow Jones & Co.  

Two of the individuals, Gery Shalon and Ziv Orenstein, have already been charged with stock fraud.  Their online business, previously based out of Malta, have since been shuttered. 

From Bloomberg News:

The hackers stole data of more than 100 million customers around the world, prosecutors said. Almost all their schemes, including the market manipulation, “relied for their success on computer hacking and other cybercrimes,” according to the indictment.

The defendants include alleged ringleader Shalon and two others, Joshua Aaron and Orenstein. A second indictment accuses Anthony Murgio of conspiracy to operate an unlicensed bitcoin business called Coin.mx. Murgio was previously arrested in Florida. Shalon and Orenstein were arrested in Israel in August.

Fighting Cybercrime

The market manipulation scheme ran from 2012 to mid-2015.  The men are also said to have launder funds through some 75 shell companies.

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