United States have brought about charges against three Indian computer hacker with regard to a stock scam that falsely augmented equity prices by making use of hacked websites. The US Department of Justice made it public on Monday that the 3 men of which 2 originate from Chennai and one presently residing in Malaysia, are in the grip of almost two dozen charges of conspiracy, computer fraud, wire fraud, securities fraud and aggravated identity theft, and this is the first time that individuals overseas were arrested for online brokerage scams in the United States, maintained by the US officials.
The men purportedly scammed at least 60 customers in nine brokerage companies in the United States and somewhere else. One company alone reported in excess of 2 million dollars in losses. Two of the alleged are under arrest - Jaisankar Marimuthu, 32, of Chennai, and Thirugnanam Ramanathan, 34, who was last reported in Malaysia, were arrested in Hong Kong. Chockalingam Ramanathan, 33, of Chennai, was even now on the loose, reported by the justice officials.
