Israeli Media: JPMorgan Hack Perpetrator to Pay $403 Million to US Authorities

[kreslik.news]

Israeli newspaper Calcalist reported that a 33-year-old Israeli named Gary Shalon who allegedly took part in a scam operation involving securities will pay $403 million in a settlement with United States authorities.

According to the report, Shalon has been accused of computer hacking and identity theft, carried out during the execution of his scam. The settlement, that was signed with the accused, the Ministry of Justice, and the US Securities and Exchange Commission (SEC), will bring to a close three criminal proceedings and one civil lawsuit against Shalon in the USA. This might be the largest sum to be paid for ... (read more)