U.S. charges Russian in $1mln hacking schemeApril 18, 2012 - 22:03 AMT PanARMENIAN.Net - A Russian national living in New York has been charged in connection with hacking into customer brokerage accounts and stealing $1 million, officials said, according to AFP. The Justice Department said charges filed Tuesday, April 17 named Petr Murmylyuk, also known as Dmitry Tokar, 31, of Brooklyn, New York, with conspiracy to commit wire fraud, unauthorized access to computers, and securities fraud. According to prosecutors Murmylyuk starting in late 2010 worked with others to steal from online trading accounts at Scottrade, ETrade, Fidelity, Schwab, and other brokerage firms. "Members of the ring first gained unauthorized access to the online accounts and changed the phone numbers and e-mail addresses on file to prevent notice of unauthorized trading from going to the victims," according to a Justice Department statement. Once the hackers controlled the accounts, and set up "unprofitable and illogical securities trades" to benefit the hackers, the statement said. In some cases, the scheme sold options contracts, then repurchased the same contracts back minutes later for up to nine times the price. The Securities and Exchange Commission has filed a parallel civil case in an effort to recover the funds. "Hackers continue to find new and advanced ways to steal from the financial sector," said Assistant U.S. Attorney Gilmore Childers. "Through the illusion of legitimacy, these alleged hackers controlled both sides of securities transactions to game the market and drain their victims' accounts. Those who use their computer skills for fraud underestimate the combined resolve of law enforcement and the financial services industry to detect and stop these crimes." Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |