U.S. Charges Indian Hackers In Stock Manipulation Scheme


The Securities and Exchange Commission filed a civil suit on Monday against three hackers from India for allegedly conspiring to manipulate the prices of at least 14 securities, including Sun Microsystems and Google, through the unauthorized use of other people's online brokerage accounts

At the same time, the U.S. Department of Justice announced that a federal court in Nebraska unsealed a 23-count indictment against the same three people. Jaisankar Marimuthu, Chockalingam Ramanathan, and Thirugnanam Ramanathan are the three Indian nationals being charged and sued. U.S. Charges Indian Hackers In Stock Manipulation Scheme - Technology News by InformationWeek

Linked by shanmuga Tuesday, 13th March 2007 1:24AM